Bristol Regional Speech & Hearing Center

Analysis

Bristol Regional Speech & Hearing Center is a registered charity in United States, based in Bristol, VA. It received its IRS tax-exemption ruling in January 1966, 60 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 December 2023, Bristol Regional Speech & Hearing Center reported income of $531k and spending of $514k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $464k to $531k (+14%), an average of +3.4% a year. The sharpest change came in the year to December 2021, when income rose by 32%. Over the whole period it spent 109% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Bristol Regional Speech & Hearing Center sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within VA. Charities of a similar size with the same main cause include Nami of Southwest Ohio ($531k), Glover Ambulance Squad Inc ($531k) and Tarrant Eye Resources Inc ($530k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 70% of the total. Other salaries and wages came to $221k. At year end it held assets of $235k against liabilities of $9,208, net assets of $226k. It reported 21 employees.