Sound of Pride Parents Association Inc

Analysis

Sound of Pride Parents Association Inc is a registered charity in United States, based in Cooper City, FL. It received its IRS tax-exemption ruling in June 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Sound of Pride Parents Association Inc reported income of $229k and spending of $218k, spending 95% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $278k to $229k (-18%), an average of -6.2% a year. The sharpest change came in the year to June 2022, when income rose by 261%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sound of Pride Parents Association Inc sits at the 57th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within FL. Charities of a similar size with the same main cause include Qed Foundation Inc ($229k), Moriah Association of Parents Inc ($229k) and Brielle Community Libraryassciation ($229k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 56% and program service revenue 44% of the total. At year end it held assets of $178k against liabilities of $0, net assets of $178k.