Texas Hearing and Service Dogs Inc

Analysis

Texas Hearing and Service Dogs Inc is a registered charity in United States, based in Dripping SPGS, TX. It received its IRS tax-exemption ruling in November 1988, 38 years ago. 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, Texas Hearing and Service Dogs Inc reported income of $858k and spending of $927k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $579k to $858k (+48%), an average of +10% a year. The sharpest change came in the year to December 2020, when income rose by 86%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Texas Hearing and Service Dogs Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 82nd percentile within TX. Charities of a similar size with the same main cause include Caulfield Lane Senior Housing Inc a ($858k), The Arc of Greater Houston ($858k) and Boys & Girls Club of Youngstown ($858k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 102% of the total. Compensation of current officers, directors and key employees was $99k (11% of expenses). Other salaries and wages came to $310k. At year end it held assets of $1.1m against liabilities of $5,399, net assets of $1.1m. It reported 19 employees.