Speak Life Foundation Inc

Analysis

Speak Life Foundation Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in March 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Speak Life Foundation Inc reported income of $130k and spending of $162k, spending 125% of what it took in. Across the 3 years on record, from June 2021 to June 2023, income grew from $25k to $130k (+411%), an average of +126% a year. The sharpest change came in the year to June 2022, when income rose by 343%. Over the whole period it spent 113% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Speak Life Foundation Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 46th percentile within GA. Charities of a similar size with the same main cause include Metuchen Parent Teacher Council ($130k), Denver Cyclones Booster Club ($130k) and Level Learning ($130k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 80% of the total. At year end it held assets of $10k against liabilities of $23k, net assets of -$13k.