Texas Speech Language Hearing Foundation

Analysis

Texas Speech Language Hearing Foundation is a registered charity in United States, based in Abilene, TX. It received its IRS tax-exemption ruling in July 1985, 41 years ago. 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, Texas Speech Language Hearing Foundation reported income of $109k and spending of $101k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $286k to $109k (-62%), an average of -22% a year. The sharpest change came in the year to December 2021, when income dropped by 47%. Over the whole period it spent 41% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Texas Speech Language Hearing Foundation sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 42nd percentile within TX. Charities of a similar size with the same main cause include PTA North Carolina Congress ($109k), Masquers of Grant County ($109k) and Little League Baseball Inc ($109k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% of the total. At year end it held assets of $1.9m against liabilities of $0, net assets of $1.9m.