Center for Hearing and Communication

Analysis

Center for Hearing and Communication is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 1935, 91 years ago. 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, Center for Hearing and Communication reported income of $6.3m and spending of $7.1m, spending 113% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.0m to $6.3m (+4.1%), an average of +1.0% a year. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Center for Hearing and Communication sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within NY. Charities of a similar size with the same main cause include Families Forward ($6.3m), Catholic Charities of the Diocese of Allentown Inc ($6.3m) and Grand Forks Childrens Museum Inc ($6.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 72% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $393k (5.6% of expenses). Other salaries and wages came to $3.7m. At year end it held assets of $14.6m against liabilities of $9.6m, net assets of $4.9m. It reported 116 employees.