Speakout

Analysis

Speakout is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in March 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Speakout reported income of $1.4m and spending of $0, leaving 100% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $184k to $1.4m (+674%), an average of +674% a year. The sharpest change came in the year to December 2023, when income rose by 674%. Over the whole period it spent 11% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Speakout sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 61st percentile within DC. Charities of a similar size with the same main cause include Woodlands Serving Central Ohio Inc ($1.4m), United Sikhs ($1.4m) and Partnership for Americas Children ($1.4m).

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 $0 against liabilities of $0, net assets of $0. It reported 4 employees.