Savannah Speech & Hearing Center Inc

Analysis

Savannah Speech & Hearing Center Inc is a registered charity in United States, based in Savannah, GA. It received its IRS tax-exemption ruling in June 1958, 68 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 December 2023, Savannah Speech & Hearing Center Inc reported income of $1.5m and spending of $1.7m, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.5m (+31%), an average of +6.9% a year. The sharpest change came in the year to December 2021, when income rose by 29%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Savannah Speech & Hearing Center Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within GA. Charities of a similar size with the same main cause include American Association of Colleges of Podiatric Medicine ($1.5m), Ann Wigmore Natural Health Institute Inc ($1.5m) and Natures Classroom Institute Environmental Education ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $110k (6.6% of expenses). Other salaries and wages came to $865k. At year end it held assets of $591k against liabilities of $84k, net assets of $507k. It reported 22 employees.