Beginnings for Parents of Children Who Are Deaf or Hard of Hearing

Analysis

Beginnings for Parents of Children Who Are Deaf or Hard of Hearing is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in July 1987, 39 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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 June 2024, Beginnings for Parents of Children Who Are Deaf or Hard of Hearing reported income of $1.6m and spending of $1.6m, spending 100% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.0m to $1.6m (+58%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 29%. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Beginnings for Parents of Children Who Are Deaf or Hard of Hearing sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within NC. Charities of a similar size with the same main cause include Intersection of Change Inc ($1.6m), Breast Cancer Resource Center ($1.6m) and Riverhead Volunteer Ambulance Corps Inc ($1.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $129k (7.9% of expenses). Other salaries and wages came to $873k. At year end it held assets of $706k against liabilities of $725k, net assets of -$19k. It reported 19 employees.