Hough Ear Institute

Analysis

Hough Ear Institute is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in August 1997, 29 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hough Ear Institute reported income of $1.5m and spending of $2.1m, spending 135% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.6m to $1.5m (-40%), an average of -12% a year. The sharpest change came in the year to December 2023, when income dropped by 48%. Over the whole period it spent 110% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hough Ear Institute sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within OK. Charities of a similar size with the same main cause include Alaska Injury Prevention Center ($1.5m), Riverside Area Rape Crisis Center ($1.5m) and Allies in Caring ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $541k (26% of expenses). Other salaries and wages came to $800k. At year end it held assets of $3.1m against liabilities of $120k, net assets of $3.0m. It reported 14 employees.