Services for the Deaf and Hard of Hearing of Davidson County

Analysis

Services for the Deaf and Hard of Hearing of Davidson County is a registered charity in United States, based in Lexington, NC. It received its IRS tax-exemption ruling in November 2001, 25 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Services for the Deaf and Hard of Hearing of Davidson County reported income of $162k and spending of $65k, leaving 60% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $43k to $162k (+278%), an average of +278% a year. The sharpest change came in the year to December 2023, when income rose by 278%. Over the whole period it spent 60% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Services for the Deaf and Hard of Hearing of Davidson County sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within NC. Charities of a similar size with the same main cause include Out Now Inc ($162k), Shepherds Door ($162k) and Millersburg Area Senior Center Advisory Board ($162k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 0.2% of the total. At year end it held assets of $103k against liabilities of $1,271, net assets of $102k.