Central Institute for the Deaf

Analysis

Central Institute for the Deaf is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in November 1934, 92 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2023, Central Institute for the Deaf reported income of $6.9m and spending of $8.4m, spending 122% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $9.9m to $6.9m (-31%), an average of -8.8% a year. The sharpest change came in the year to August 2021, when income rose by 36%. Over the whole period it spent 70% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Central Institute for the Deaf sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within MO. Charities of a similar size with the same main cause include St Michaels Episcopal School Inc ($6.9m), Shining Star Foundation ($6.9m) and Western Academy Inc ($6.9m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 33% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $403k (4.8% of expenses). Other salaries and wages came to $3.6m. At year end it held assets of $106.5m against liabilities of $7.5m, net assets of $99.0m. It reported 119 employees.