Soundwall Music Camps Inc
Analysis
Soundwall Music Camps Inc is a registered charity in United States, based in Danville, CA. It received its IRS tax-exemption ruling in November 1994, 32 years ago. 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, Soundwall Music Camps Inc reported income of $59k and spending of $69k, spending 117% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $56k to $59k (+5.1%), an average of +5.1% a year. Over the whole period it spent 127% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Soundwall Music Camps Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within CA. Charities of a similar size with the same main cause include Father Murphy Scholarship Fund ($59k), American College of Physicians ($59k) and Greater Fort Wayne Crime Stoppers Program Inc ($59k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $6,400 against liabilities of $23k, net assets of -$16k.
Income and spending
Where the income comes from
- Contributions & grants 95%
- Other 5.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Father Murphy Scholarship Fund | Rochester | $59k |
| American College of Physicians | Jefferson Cty | $59k |
| Greater Fort Wayne Crime Stoppers Program Inc | Fort Wayne | $59k |
| Asheboro Randolph Chamber of Commerce Foundation Inc | Asheboro | $59k |