Olive Osmond Hearing Fund

Analysis

Olive Osmond Hearing Fund is a registered charity in United States, based in St George, UT. It received its IRS tax-exemption ruling in February 2011, 15 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Olive Osmond Hearing Fund reported income of $113k and spending of $681k, spending 605% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $319k to $113k (-65%), an average of -23% a year. The sharpest change came in the year to December 2022, when income rose by 448%. Over the whole period it spent 194% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Olive Osmond Hearing Fund sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within UT. Charities of a similar size with the same main cause include Whispering Hope Ranch ($113k), Society of St Vincent de Paul Council of Metuchen NJ Inc ($113k) and Family to Family Connection Isd 13 ($112k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 102% of the total. Other salaries and wages came to $18k. At year end it held assets of $702k against liabilities of $0, net assets of $702k. It reported 1 employees.