Baton Rouge Speech and Hearing Foundation Inc

Analysis

Baton Rouge Speech and Hearing Foundation Inc is a registered charity in United States, based in Baton Rouge, LA. It received its IRS tax-exemption ruling in September 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Baton Rouge Speech and Hearing Foundation Inc reported income of $6.9m and spending of $7.2m, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.6m to $6.9m (+23%), an average of +5.3% a year. The sharpest change came in the year to December 2021, when income rose by 100%. Over the whole period it spent 80% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Baton Rouge Speech and Hearing Foundation Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within LA. Charities of a similar size with the same main cause include Hutsonwood Inc ($6.9m), Nevada Rural Hospital Project Foundation Inc ($6.9m) and Mary Bird Perkins Cancer Foundation ($6.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $199k (2.8% of expenses). Other salaries and wages came to $4.5m. At year end it held assets of $10.4m against liabilities of $1.7m, net assets of $8.7m. It reported 290 employees.