American Hearing Research Foundation

Analysis

American Hearing Research Foundation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in March 1968, 58 years ago. Its declared purposes cover medical research, 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 2022, American Hearing Research Foundation reported income of $302k and spending of $490k, spending 162% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $1.1m to $302k (-73%), an average of -36% a year. The sharpest change came in the year to December 2020, when income dropped by 70%. Over the whole period it spent 80% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, American Hearing Research Foundation sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within IL. Charities of a similar size with the same main cause include International Federation of Ferility Societies ($302k), Alabama Society of Dermatology Professionals ($302k) and House of Inspiration ($302k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 29% of the total. At year end it held assets of $11.5m against liabilities of $341k, net assets of $11.2m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.