Jastreboff Hearing Disorders Foundation Inc

Analysis

Jastreboff Hearing Disorders Foundation Inc is a registered charity in United States, based in Guilford, CT. It received its IRS tax-exemption ruling in December 2006, 20 years ago. Its declared purposes cover medical research, 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, Jastreboff Hearing Disorders Foundation Inc reported income of $226k and spending of $159k, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $301k to $226k (-25%), an average of -7.0% a year. The sharpest change came in the year to December 2023, when income rose by 124%. Over the whole period it spent 106% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Jastreboff Hearing Disorders Foundation Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within CT. Charities of a similar size with the same main cause include Gift Permanent Supportive Housing Inc ($226k), Butler Behavioral Health Properties Inc ($226k) and BGM Inc ($226k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.5% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $71k (45% of expenses). Other salaries and wages came to $20k. At year end it held assets of $293k against liabilities of $128k, net assets of $164k. It reported 3 employees.