Voices of Hope for Aphasia Inc

Analysis

Voices of Hope for Aphasia Inc is a registered charity in United States, based in St Petersburg, FL. It received its IRS tax-exemption ruling in September 2012, 14 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 (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, Voices of Hope for Aphasia Inc reported income of $334k and spending of $345k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $175k to $334k (+91%), an average of +18% a year. The sharpest change came in the year to December 2020, when income rose by 47%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Voices of Hope for Aphasia Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within FL. Charities of a similar size with the same main cause include Community Access to Coorinated Healthcare Inc Catch ($334k), The Desmoid Tumor Research Foundation Inc ($334k) and Influence Foundation Inc ($334k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 106% of the total. Compensation of current officers, directors and key employees was $61k (18% of expenses). Other salaries and wages came to $174k. It paid $2,750 in professional fundraising fees. At year end it held assets of $182k against liabilities of $8,321, net assets of $174k. It reported 8 employees.