The Delaware Speech and Hearing Center

Analysis

The Delaware Speech and Hearing Center is a registered charity in United States, based in Delaware, OH. It received its IRS tax-exemption ruling in January 1973, 53 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 December 2023, The Delaware Speech and Hearing Center reported income of $1.8m and spending of $1.9m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $1.8m (+1.5%), an average of +0.4% a year. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Delaware Speech and Hearing Center sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within OH. Charities of a similar size with the same main cause include Young Mens Christian Association of Portage Township Inc ($1.8m), O and B Community Homes ($1.8m) and Habitat for Humanity International Inc ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.8% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $93k (4.9% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $1.2m against liabilities of $70k, net assets of $1.1m. It reported 30 employees.