Song for Charlie

Analysis

Song for Charlie is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in January 2021, 5 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Song for Charlie reported income of $3.2m and spending of $2.7m, spending 84% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $1.1m to $3.2m (+205%), an average of +75% a year. The sharpest change came in the year to December 2023, when income rose by 261%. Over the whole period it spent 79% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Song for Charlie sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include The Cullen Trust for Health Care ($3.2m), Oneida Medical Services PLLC ($3.2m) and New Cardiovascular Horizons Foundation ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $243k (9.0% of expenses). Other salaries and wages came to $502k. It paid $36k in professional fundraising fees. At year end it held assets of $1.4m against liabilities of $186k, net assets of $1.2m. It reported 9 employees.