Columbus Speech and Hearing Center

Analysis

Columbus Speech and Hearing Center is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in April 1941, 85 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, Columbus Speech and Hearing Center reported income of $3.9m and spending of $4.9m, spending 126% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.9m to $3.9m (-1.3%), an average of -0.3% a year. The sharpest change came in the year to December 2022, when income rose by 35%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Columbus Speech and Hearing Center sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within OH. Charities of a similar size with the same main cause include Teen Challenge of the Midlands Inc ($3.9m), Foundations Behavorial Health Services Inc ($3.9m) and Behavioral Health Network of Greater St Louis ($3.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 36% of the total. Compensation of current officers, directors and key employees was $175k (3.6% of expenses). Other salaries and wages came to $2.9m. At year end it held assets of $3.9m against liabilities of $2.1m, net assets of $1.8m. It reported 78 employees.