Speech & Language Center of North Virginia Inc

Analysis

Speech & Language Center of North Virginia Inc is a registered charity in United States, based in McLean, VA. It received its IRS tax-exemption ruling in January 1989, 37 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Speech & Language Center of North Virginia Inc reported income of $778k and spending of $776k, spending 100% of its income. Across the 4 years on record, from August 2020 to August 2023, income grew from $553k to $778k (+41%), an average of +12% a year. The sharpest change came in the year to August 2022, when income rose by 66%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Speech & Language Center of North Virginia Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within VA. Charities of a similar size with the same main cause include Essex Ambulance Association Inc ($778k), CMC Missoula Inc ($778k) and Winsted Area Volunteer Ambulance As ($778k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 2.5% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $156k (20% of expenses). Other salaries and wages came to $431k. At year end it held assets of $607k against liabilities of $13k, net assets of $594k. It reported 35 employees.