Southern Sleep Society

Analysis

Southern Sleep Society is a registered charity in United States, based in Oldsmar, FL. It received its IRS tax-exemption ruling in July 2017, 9 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 December 2023, Southern Sleep Society reported income of $126k and spending of $144k, spending 114% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $68k to $126k (+85%), an average of +85% a year. The sharpest change came in the year to December 2023, when income rose by 85%. Over the whole period it spent 140% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Southern Sleep Society sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 47th percentile within FL. Charities of a similar size with the same main cause include Experimental Science Now ($126k), Peoples Inclusive Welding ($126k) and Open Windows Foundation ($126k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 1.1% and program service revenue 99% of the total. At year end it held assets of $27k against liabilities of $0, net assets of $27k.