Dyslexia Center of the Shoals

Analysis

Dyslexia Center of the Shoals is a registered charity in United States, based in Florence, AL. It received its IRS tax-exemption ruling in August 2011, 15 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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 September 2023, Dyslexia Center of the Shoals reported income of $131k and spending of $131k, spending 100% of its income. Across the 2 years on record, from September 2022 to September 2023, income grew from $108k to $131k (+21%), an average of +21% a year. The sharpest change came in the year to September 2023, when income rose by 21%. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Dyslexia Center of the Shoals sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within AL. Charities of a similar size with the same main cause include Maine Behavioral Health Foundation ($131k), Cancer Association of Champaign County ($131k) and Jefferson Regional Health Alliance ($131k).

On its Form 990-EZ for the period ending September 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $12k against liabilities of $3,155, net assets of $9,066.