Health Care
(E50)
IRS Verified
DX Registered
990 on File
SOUNDING JOY MUSIC THERAPY INC
Financial strength (30%)
48/100
Reliability (20%)
55/100
Effectiveness (25%)
61/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$154K
Total Revenue
$157K
Total Expenses
$-14,472
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
101.7%
Fundraising Efficiency
N/A
Operating Reserve
-1.11x
Liability-to-Asset
108.2%
Revenue Diversification
70.6%
Compared with Peers
FY 2023
Compared with 6,416 similar organizations
(United States, Health Care, $100K–$1M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
101.7% | 84.9% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
-1.1 mo | 13.8 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
108.2% | 1.4% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
70.6% | 94.7% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
68.9% | 6.3% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
9.4% | 10.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-2.1% | 3.3% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $154K | $157K | $-14,472 | 101.7% | — |
| 2022 | $91K | $143K | $-11,316 | 95.6% | 4 |
| 2021 | $345K | $107K | N/A | — | 4 |
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