Partnership for the Sounds Inc

Analysis

Partnership for the Sounds Inc is a registered charity in United States, based in Columbia, NC. It received its IRS tax-exemption ruling in June 1994, 32 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Partnership for the Sounds Inc reported income of $685k and spending of $797k, spending 116% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $541k to $685k (+27%), an average of +6.1% a year. The sharpest change came in the year to June 2023, when income rose by 42%. Over the whole period it spent 132% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Partnership for the Sounds Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within NC. Charities of a similar size with the same main cause include Green Built Alliance ($685k), Four Corners School of Outdoor Education Inc ($686k) and Atlantic States Legal Foundation Inc ($685k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% and program service revenue 8.3% of the total. Other salaries and wages came to $345k. At year end it held assets of $1.6m against liabilities of $14k, net assets of $1.6m. It reported 14 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.