Charity Search / SONGS OF LOVE FOUNDATION
Human Services (P58) IRS Verified DX Registered 990 on File

SONGS OF LOVE FOUNDATION

EIN: 11-3314191 · FOREST HILLS, NY 11375-4159 · United States · FY 2024 Data
4 out of 5 70 / 100 Based on 2+ years of filings
Financial strength (30%) 71/100
Reliability (20%) 55/100
Effectiveness (25%) 87/100
Impact (25%) 65/100
Financial data: FY 2024 · Scored 9/13/2026
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Mission Statement

The Songs of Love Foundation, a national nonprofit 501(c)(3) organization, crafts free, personalized, original songs to uplift children and teens who are currently navigating tough medical, physical, or emotional challenges. Each “song of love” is crafted with professional quality, incorporating the child’s name and references to their favorite activities, things, people, and pets. The songs are created in any language and musical style preferred by the child—be it kids, pop, R&B, rap, rock, alternative, or more. The result is a high-quality musical experience designed to bring joy and comfort to each child.

Financial Overview — FY 2024
$496K
Total Revenue
$696K
Total Expenses
$1.9M
Net Assets
2
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 79.1%
Fundraising Efficiency 197.7%
Operating Reserve 32.93x
Liability-to-Asset 2.0%
Revenue Diversification 71.6%
Compared with Peers
FY 2024
Compared with 15,047 similar organizations (United States, Human Services, $100K–$1M in expenses), FY 2024.
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
79.1% 86.3%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
10.9% 10.4%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
10.1% 0.0%
P10P90
Bottom quarter
Fundraising efficiency
Fundraising expenses / gross fundraising income · lower is better
197.7% 15.8%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
32.9 mo 8.4 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
2.0% 1.6%
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
71.6% 96.4%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
-19.8% 7.0%
P10P90
Expense growth
Year over year expense growth
-12.9% 8.3%
P10P90
Surplus margin
Surplus as a share of revenue
-40.2% 2.1%
P10P90
Impact
1 program
Outcome / Program People Served Cost / Service # Completed Duration
Children and teens aged 1-21 to received a personalized "song of love" free of charge 3,000 $250.00 Lifetime
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $496K $696K $1.9M 79.1% 2
2023 $619K $800K $2.1M 83.2% 2
2022 $1.3M $633K $2.3M 75.0% 2
2021 $547K $570K N/A 2
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Organization Details
EIN
11-3314191
State
NY
City
FOREST HILLS
ZIP
11375-4159
Classification
P58
Category
Human Services
Rating
4★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
1996
Foundation Code
15
Form 990
On File
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