Sound Check Group Inc

Analysis

Sound Check Group Inc is a registered charity in United States, based in Plantation, FL. It received its IRS tax-exemption ruling in July 2022, 4 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Sound Check Group Inc reported income of $71k and spending of $88k, spending 125% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $15k to $71k (+381%), an average of +381% a year. The sharpest change came in the year to December 2023, when income rose by 381%. Over the whole period it spent 120% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Sound Check Group Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 31st percentile within FL. Charities of a similar size with the same main cause include Tiverton Youth Soccer Assoc ($71k), Spencer-Van Etten Youth Association Inc ($71k) and Austin Soccer Development Group Inc ($71k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $13k against liabilities of $29k, net assets of -$16k.