Anderson Oconee Speech & Hearing Services Inc

Analysis

Anderson Oconee Speech & Hearing Services Inc is a registered charity in United States, based in Anderson, SC. It received its IRS tax-exemption ruling in June 1970, 56 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 June 2024, Anderson Oconee Speech & Hearing Services Inc reported income of $175k and spending of $189k, spending 108% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $157k to $175k (+12%), an average of +2.8% a year. The sharpest change came in the year to June 2021, when income rose by 64%. Over the whole period it spent 106% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Anderson Oconee Speech & Hearing Services Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 56th percentile within SC. Charities of a similar size with the same main cause include Liv Pregnancy and Womens Wellness ($175k), Bikers Who Care Inc ($175k) and Technology Against ALS Foundation Inc ($175k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 7.2% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $127k (67% of expenses). Other salaries and wages came to $5,799. At year end it held assets of $74k against liabilities of $34k, net assets of $40k. It reported 5 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.