American Academy of Audiology Foundation

Analysis

American Academy of Audiology Foundation is a registered charity in United States, based in Reston, VA. It received its IRS tax-exemption ruling in March 1990, 36 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, American Academy of Audiology Foundation reported income of $111k and spending of $160k, spending 144% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $131k to $111k (-15%), an average of -4.1% a year. The sharpest change came in the year to September 2020, when income rose by 68%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, American Academy of Audiology Foundation sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within VA. Charities of a similar size with the same main cause include Matt Talbot House Inc ($111k), Families Raising Hope ($111k) and Puck Cancer Inc ($111k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 61% of the total. At year end it held assets of $887k against liabilities of $67k, net assets of $820k.