Center For Hearing And Communication
Center For Hearing And Communication shows stable revenue but recent deficits and significant liability increase.
EIN: 131624127 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $8.3M |
| Total Expenses | $7.1M |
| Program Spending | 80% |
| Net Assets | $4.9M |
| Transparency Score | 85/100 |
Is Center For Hearing And Communication Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Center For Hearing And Communication directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Center For Hearing And Communication
Center For Hearing And Communication (EIN: 131624127) is a nonprofit organization based in New York, NY. The organization reported total revenue of $8.3M and total assets of $14.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Center For Hearing And Communication's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Center For Hearing And Communication is a mid-size nonprofit that has been operating for 91 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.3M |
| Total Expenses | $7.1M |
| Surplus / Deficit | $-791,841 |
| Total Assets | $14.6M |
| Total Liabilities | $9.6M |
| Net Assets | $4.9M |
| Operating Margin | -12.6% |
| Debt-to-Asset Ratio | 66.1% |
| Months of Reserves | 24.7 months |
Financial Health Grade: C
In 2023, Center For Hearing And Communication reported a deficit of $792K with expenses exceeding revenue, holds 24.7 months of operating reserves (strong position), has a debt-to-asset ratio of 66.1% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Center For Hearing And Communication's revenue has grown at a compound annual growth rate (CAGR) of 0.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.4% | +12.6% | +121.6% |
| 2022 | -8.0% | +3.6% | -10.9% |
| 2021 | +13.3% | -1.3% | +11.6% |
| 2020 | -1.4% | +0.7% | +1.0% |
| 2019 | +5.5% | +5.8% | -1.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1935 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Center For Hearing And Communication with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Center For Hearing And Communication allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $792K, with expenses exceeding revenue.
- Debt-to-asset ratio: 66.1%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating a strong commitment to directing funds towards programmatic activities rather than executive salaries, which is highly commendable for an organization of its size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Center For Hearing And Communication's IRS 990 filings:
- Expenses exceeded revenue in the two most recent filing periods (202306 and 202206).
- Significant increase in liabilities from $946,326 in 202206 to $9,619,491 in 202306, which needs further clarification.
Strengths
The following positive indicators were identified for Center For Hearing And Communication:
- Consistent reporting of 0% officer compensation, indicating strong financial transparency and mission focus.
- Long-term stable revenue generation over the past decade.
- Significant growth in assets, reaching $14,552,858 in 202306.
- Demonstrated ability to manage expenses close to revenue for many years.
Frequently Asked Questions about Center For Hearing And Communication
Is Center For Hearing And Communication a legitimate charity?
Center For Hearing And Communication (EIN: 131624127) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $8.3M. 2 red flags identified. 4 strengths noted. Financial health grade: C.
How does Center For Hearing And Communication spend its money?
Center For Hearing And Communication directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Center For Hearing And Communication tax-deductible?
Center For Hearing And Communication is registered as a tax-exempt nonprofit (EIN: 131624127). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Center For Hearing And Communication's spending goes to programs?
Center For Hearing And Communication directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Center For Hearing And Communication located?
Center For Hearing And Communication is headquartered in New York, New York and files with the IRS under EIN 131624127.
How many years of IRS 990 filings does Center For Hearing And Communication have?
Center For Hearing And Communication has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $8.3M in total revenue.
Is Center For Hearing And Communication financially stable given recent deficits?
While the organization reported deficits in 202306 ($7,067,756 expenses vs. $6,275,915 revenue) and 202206 ($6,277,430 expenses vs. $6,190,696 revenue), its long-term revenue history is stable, and assets have significantly increased to $14,552,858 in 202306. The stability depends on the nature of the recent liability increase.
What caused the significant increase in liabilities from $946,326 to $9,619,491 in 202306?
The provided data does not specify the exact cause. This substantial increase in liabilities warrants further investigation into the organization's detailed financial statements to understand if it's related to capital investments, debt, or other obligations.
How does the 0% officer compensation impact the organization's efficiency?
The consistent 0% officer compensation indicates that no funds are being diverted from the mission to pay top executives, which is a strong positive for spending efficiency and ensures more resources are available for programs and operations.
Filing History
IRS 990 filing history for Center For Hearing And Communication showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Center For Hearing And Communication's revenue has grown by 5.7%, moving from $5.9M to $6.3M. Total assets increased by 139.3% over the same period, from $6.1M to $14.6M. Total functional expenses rose by 20.1%, from $5.9M to $7.1M. In its most recent filing year (2023), Center For Hearing And Communication reported a deficit of $792K, with expenses exceeding revenue. The organization holds $9.6M in liabilities against $14.6M in assets (debt-to-asset ratio: 66.1%), resulting in net assets of $4.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.3M | $7.1M | $14.6M | $9.6M | — | — |
| 2022 | $6.2M | $6.3M | $6.6M | $946K | — | View 990 |
| 2021 | $6.7M | $6.1M | $7.4M | $1.0M | — | View 990 |
| 2020 | $5.9M | $6.1M | $6.6M | $1.5M | — | View 990 |
| 2019 | $6.0M | $6.1M | $6.5M | $1.3M | — | View 990 |
| 2018 | $5.7M | $5.8M | $6.7M | $1.4M | — | View 990 |
| 2017 | $5.8M | $5.7M | $6.8M | $1.3M | — | View 990 |
| 2016 | $5.3M | $5.4M | $6.5M | $1.3M | — | View 990 |
| 2015 | $5.6M | $5.3M | $6.6M | $1.2M | — | View 990 |
| 2014 | $5.2M | $5.2M | $6.4M | $1.3M | — | View 990 |
| 2013 | $5.0M | $5.4M | $6.1M | $1.4M | — | View 990 |
| 2012 | $5.8M | $5.6M | $6.3M | $1.3M | — | View 990 |
| 2011 | $5.9M | $5.9M | $6.1M | $1.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.3M, expenses of $7.1M, and assets of $14.6M (revenue +1.4% year-over-year).
- 2022: Revenue of $6.2M, expenses of $6.3M, and assets of $6.6M (revenue -8.0% year-over-year).
- 2021: Revenue of $6.7M, expenses of $6.1M, and assets of $7.4M (revenue +13.3% year-over-year).
- 2020: Revenue of $5.9M, expenses of $6.1M, and assets of $6.6M (revenue -1.4% year-over-year).
- 2019: Revenue of $6.0M, expenses of $6.1M, and assets of $6.5M (revenue +5.5% year-over-year).
- 2018: Revenue of $5.7M, expenses of $5.8M, and assets of $6.7M (revenue -1.2% year-over-year).
- 2017: Revenue of $5.8M, expenses of $5.7M, and assets of $6.8M (revenue +8.7% year-over-year).
- 2016: Revenue of $5.3M, expenses of $5.4M, and assets of $6.5M (revenue -4.4% year-over-year).
- 2015: Revenue of $5.6M, expenses of $5.3M, and assets of $6.6M (revenue +6.8% year-over-year).
- 2014: Revenue of $5.2M, expenses of $5.2M, and assets of $6.4M (revenue +3.9% year-over-year).
- 2013: Revenue of $5.0M, expenses of $5.4M, and assets of $6.1M (revenue -14.3% year-over-year).
- 2012: Revenue of $5.8M, expenses of $5.6M, and assets of $6.3M (revenue -1.5% year-over-year).
- 2011: Revenue of $5.9M, expenses of $5.9M, and assets of $6.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Center For Hearing And Communication:
Data Sources and Methodology
This transparency report for Center For Hearing And Communication is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.