Department of Sound

Analysis

Department of Sound is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in April 2021, 5 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Department of Sound reported income of $645k and spending of $458k, leaving 29% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $336k to $645k (+92%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 208%. Over the whole period it spent 86% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Department of Sound sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Newyorkrep LLC ($645k), Need in Deed ($646k) and Posey County Fair Association Inc ($645k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $107k (23% of expenses). Other salaries and wages came to $84k. At year end it held assets of $275k against liabilities of $1,217, net assets of $273k. It reported 5 employees.