Sound Future Foundation
Analysis
Sound Future Foundation is a registered charity in United States, based in Charlottesvle, VA. It received its IRS tax-exemption ruling in July 2022, 4 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Sound Future Foundation reported income of $586k and spending of $532k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $228k to $586k (+157%), an average of +157% a year. The sharpest change came in the year to December 2023, when income rose by 157%. Over the whole period it spent 86% of the income it received.
Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Sound Future Foundation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within VA. Charities of a similar size with the same main cause include Salem Sound 2000 Inc ($586k), Beartooth Resource Conservation and Development Area ($586k) and Center for Responsible Travel ($585k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $300k (56% of expenses). At year end it held assets of $199k against liabilities of $65k, net assets of $134k. It reported 1 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Salem Sound 2000 Inc | Salem | $586k |
| Beartooth Resource Conservation and Development Area | Joliet | $586k |
| Center for Responsible Travel | Washington | $585k |
| Friends of Badger Mountain | Richland | $587k |