Sound Wellness Alliance Network

Analysis

Sound Wellness Alliance Network is a registered charity in United States, based in Valdez, AK. It received its IRS tax-exemption ruling in February 2019, 7 years ago. 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, Sound Wellness Alliance Network reported income of $136k and spending of $94k, leaving 31% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $207k to $136k (-34%), an average of -19% a year. The sharpest change came in the year to December 2023, when income rose by 2565%. Over the whole period it spent 71% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sound Wellness Alliance Network sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 40th percentile within AK. Charities of a similar size with the same main cause include Pregnancy Help Center Inc ($136k), Oregonian Publishing Company Public Benefits Inc ($136k) and Reedley Social Services Inc ($136k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $157k against liabilities of $0, net assets of $157k.