Albuquerque Speech Language & Hearing Ctr

Analysis

Albuquerque Speech Language & Hearing Ctr is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in August 1953, 73 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 June 2023, Albuquerque Speech Language & Hearing Ctr reported income of $880k and spending of $1.0m, spending 117% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $658k to $880k (+34%), an average of +10% a year. The sharpest change came in the year to June 2022, when income rose by 42%. Over the whole period it spent 115% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Albuquerque Speech Language & Hearing Ctr sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within NM. Charities of a similar size with the same main cause include Waypoint Ministry Inc ($880k), Insights Counseling Group ($880k) and Fair Haven Foundation Inc ($880k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.6% and program service revenue 42% of the total. Other salaries and wages came to $704k. At year end it held assets of $381k against liabilities of $193k, net assets of $188k. It reported 18 employees.