Americans for Better Hearing Foundation

Analysis

Americans for Better Hearing Foundation is a registered charity in United States, based in Burr Ridge, IL. It received its IRS tax-exemption ruling in August 2011, 15 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 December 2023, Americans for Better Hearing Foundation reported income of $1.6m and spending of $1.5m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.6m (+30%), an average of +6.9% a year. The sharpest change came in the year to December 2022, when income rose by 32%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Americans for Better Hearing Foundation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within IL. Charities of a similar size with the same main cause include Complex Care Medical Services Corporation ($1.6m), South Carolina Autism Society Inc ($1.6m) and Vinceremos Riding Center Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.6% and program service revenue 28% of the total. Other salaries and wages came to $986k. At year end it held assets of $644k against liabilities of $156k, net assets of $488k. It reported 29 employees.