Hear US Inc

Analysis

Hear US Inc is a registered charity in United States, based in Naperville, IL. It received its IRS tax-exemption ruling in March 2007, 19 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 June 2024, Hear US Inc reported income of $99k and spending of $100k, spending 101% of its income. Across the 3 years on record, from June 2022 to June 2024, income fell from $127k to $99k (-22%), an average of -12% a year. The sharpest change came in the year to June 2023, when income dropped by 24%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hear US Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 37th percentile within IL. Charities of a similar size with the same main cause include Forks Senior Center ($99k), Silver Linings Recovery Residences Inc ($99k) and Hope by Design Inc ($99k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 66% and program service revenue 16% of the total. At year end it held assets of $104k against liabilities of $2,597, net assets of $101k.