North Sound Foundation

Analysis

North Sound Foundation is a registered charity in United States, based in Clarkston, MI. It received its IRS tax-exemption ruling in October 2017, 9 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, North Sound Foundation reported income of $1.6m and spending of $1.6m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $15k to $1.6m (+10848%), an average of +224% a year. The sharpest change came in the year to December 2020, when income rose by 4100%. Over the whole period it spent 48% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, North Sound Foundation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within MI. Charities of a similar size with the same main cause include South Africa Partners Inc ($1.6m), Gesher Foundation Inc ($1.6m) and New Life Advance International ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $3.5m against liabilities of $757k, net assets of $2.7m.