Oral Educational Opportunities for the Hearing Impaired

Analysis

Oral Educational Opportunities for the Hearing Impaired is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in August 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Oral Educational Opportunities for the Hearing Impaired reported income of $1.3m and spending of $1.4m, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.5m to $1.3m (-11%), an average of -2.9% a year. The sharpest change came in the year to June 2022, when income rose by 34%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Oral Educational Opportunities for the Hearing Impaired sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 80th percentile within AZ. Charities of a similar size with the same main cause include Elsie Allen High School Foundation ($1.3m), Innovation Education ($1.3m) and Au Nursing Associates Inc ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 65% and program service revenue 36% of the total. Compensation of current officers, directors and key employees was $72k (5.1% of expenses). Other salaries and wages came to $575k. It paid $30k in professional fundraising fees. At year end it held assets of $2.7m against liabilities of $220k, net assets of $2.5m. It reported 21 employees.