Sing Out and Read Inc

Analysis

Sing Out and Read Inc is a registered charity in United States, based in Largo, FL. It received its IRS tax-exemption ruling in July 2019, 7 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, Sing Out and Read Inc reported income of $862k and spending of $871k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $338k to $862k (+155%), an average of +26% a year. The sharpest change came in the year to December 2022, when income rose by 65%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sing Out and Read Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 80th percentile within FL. Charities of a similar size with the same main cause include John Paul the Great Montessori Academy Inc ($862k), Conversations on the Green Inc ($862k) and Amparo Ed Inc ($862k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 3.5% of the total. Compensation of current officers, directors and key employees was $130k (15% of expenses). Other salaries and wages came to $225k. At year end it held assets of $136k against liabilities of $33k, net assets of $102k. It reported 9 employees.