Hearing Evaluation Services of Buffalo Inc

Analysis

Hearing Evaluation Services of Buffalo Inc is a registered charity in United States, based in Amherst, NY. It received its IRS tax-exemption ruling in December 1981, 45 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 June 2024, Hearing Evaluation Services of Buffalo Inc reported income of $7.4m and spending of $7.4m, spending 100% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $4.1m to $7.4m (+80%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 36%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hearing Evaluation Services of Buffalo Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within NY. Charities of a similar size with the same main cause include Spring River Mental Health & Wellness Inc ($7.4m), Lincolnhealth Medical Partners Inc ($7.4m) and The Washington Home Inc ($7.4m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $304k (4.1% of expenses). At year end it held assets of $2.1m against liabilities of $1.2m, net assets of $932k. It reported 46 employees.