Sertoma Speech & Hearing Foundation of Florida Inc

Analysis

Sertoma Speech & Hearing Foundation of Florida Inc is a registered charity in United States, based in New PRT Rchy, FL. It received its IRS tax-exemption ruling in December 1982, 44 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 September 2023, Sertoma Speech & Hearing Foundation of Florida Inc reported income of $2.6m and spending of $2.2m, spending 87% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $890k to $2.6m (+189%), an average of +30% a year. The sharpest change came in the year to September 2023, when income rose by 70%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Sertoma Speech & Hearing Foundation of Florida Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within FL. Charities of a similar size with the same main cause include Rock River Community Clinic Inc ($2.6m), St John Paul II Life Center ($2.6m) and Family Pride of Northeast Ohio Inc ($2.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 97% and program service revenue 0.6% of the total. Other salaries and wages came to $666k. At year end it held assets of $1.4m against liabilities of $637k, net assets of $760k. It reported 18 employees.