Citrus Hearing Impaired Program Services Inc

Analysis

Citrus Hearing Impaired Program Services Inc is a registered charity in United States, based in Crystal River, FL. It received its IRS tax-exemption ruling in November 1991, 35 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Citrus Hearing Impaired Program Services Inc reported income of $731k and spending of $726k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $848k to $731k (-14%), an average of -3.7% a year. The sharpest change came in the year to December 2022, when income dropped by 25%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Citrus Hearing Impaired Program Services Inc sits at the 71st percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 78th percentile within FL. Charities of a similar size with the same main cause include Gilbert Straub Plaza Inc ($731k), Bear Valley Community Association ($731k) and Disabled Citizens Foundation ($731k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $43k (5.9% of expenses). Other salaries and wages came to $59k. At year end it held assets of $489k against liabilities of $0, net assets of $489k. It reported 3 employees.