Hearing Health Foundation

Hearing Health Foundation shows strong asset base despite fluctuating revenues and occasional operational deficits.

EIN: 131882107 · New York, NY · NTEE: H20 · Updated: 2026-03-28

$8.5MRevenue
$4.7MGross Revenue
$14.3MAssets
85/100Mission Score (Excellent)
H20
Hearing Health Foundation Financial Summary
MetricValue
Total Revenue$8.5M
Total Expenses$4.8M
Program Spending80%
Net Assets$11.5M
Transparency Score85/100

Search Intent Cockpit

Hearing Health Foundation Form 990, Revenue, CEO Pay, and IRS Filing Signals

Hearing Health Foundation is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Hearing Health Foundation in one place.

Form 990 Filing Summary

13 filing years are available, with latest revenue of $3.6M and expenses of $4.8M.

Revenue and Expenses

Hearing Health Foundation reported $3.6M in revenue and $4.8M in expenses, a deficit of $1.2M.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

85/100 mission score, 1 red flag, and 4 strengths are shown from structured and AI review.

Is Hearing Health Foundation Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
80%Program Expense
$0Grants Paid
13Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Hearing Health Foundation Expense Deployment
Program services$3.9M (80%)

Across stored filings, Hearing Health Foundation shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

Decision Cockpit

One-Stop Donor, Research, and Peer Context Hub

Hearing Health Foundation Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 1 red flag identified
Mission spend80% to programsExcellent
Financial durabilityGrade B13 stored filing years
Peer contextCompare with Healthy Capital District InitiativeNew York and Category H context

Trust Check

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Peer Benchmark

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Category H in New York
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80% of spending goes to programs.

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Research Workflow

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Hearing Health Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Hearing Health Foundation

Hearing Health Foundation (EIN: 131882107) is a nonprofit organization based in New York, NY, classified under NTEE code H20. The organization reported total revenue of $8.5M and total assets of $14.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hearing Health Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

68Years Operating
Mid-SizeSize Classification
13Years of Filings
MixedRevenue Trajectory

Hearing Health Foundation is a mid-size nonprofit that has been operating for 68 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.0%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$3.6M
Total Expenses$4.8M
Surplus / Deficit$-1,211,435
Total Assets$12.2M
Total Liabilities$696K
Net Assets$11.5M
Operating Margin-33.3%
Debt-to-Asset Ratio5.7%
Months of Reserves30.2 months

Financial Health Grade: B

In 2023, Hearing Health Foundation reported a deficit of $1.2M with expenses exceeding revenue, holds 30.2 months of operating reserves (strong position), has a debt-to-asset ratio of 5.7% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), Hearing Health Foundation's revenue has grown at a compound annual growth rate (CAGR) of 5.0%.

YearRevenue ChangeExpense ChangeAsset Change
2023-35.3%+20.8%-1.5%
2022-2.0%+42.7%+0.5%
2021+95.0%+65.7%+37.6%
2020+11.8%-33.8%+6.6%
2019+10.8%+14.9%-3.3%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1958

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Hearing Health Foundation demonstrates a generally stable financial position with fluctuating revenue and expenses over the past decade. While the organization reported a significant revenue of $8,487,849 in its latest filing, the most recent detailed 990 (202309) shows expenses ($4,848,488) exceeding revenue ($3,637,053), resulting in a deficit for that period. This trend of expenses occasionally surpassing revenue has been observed in several past filings, such as 201709 and 201509, indicating a need for careful financial management to ensure long-term sustainability. However, the organization maintains a healthy asset base, with assets consistently above $8 million and reaching $14,344,426 in the latest report, providing a buffer against operational deficits. The foundation's transparency is commendable, particularly with the consistent reporting of 0% officer compensation across all available filings. This suggests that executive leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which is a positive indicator for donor confidence. The NTEE code H20 (Diseases, Disorders, Medical Disciplines, General) aligns well with its mission, and the consistent filing of IRS 990s over 13 periods demonstrates a commitment to regulatory compliance and public disclosure. The organization's ability to attract substantial revenue, as seen in the latest figure, suggests strong donor support for its mission. Despite the occasional operational deficits, the overall financial health appears sound due to substantial assets. The challenge lies in consistently aligning expenses with revenue to avoid drawing down reserves. The absence of reported officer compensation is a significant strength in terms of transparency and efficient use of funds, allowing more resources to be directed towards program services. Further analysis of the functional expense breakdown would provide a clearer picture of spending efficiency across programs, administration, and fundraising.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Hearing Health Foundation 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, Hearing Health Foundation 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:

$3.6MTotal Revenue
$4.8MTotal Expenses
$12.2MTotal Assets
$696KTotal Liabilities
$11.5MNet Assets
  • The organization reported a deficit of $1.2M, with expenses exceeding revenue.
  • Debt-to-asset ratio: 5.7%.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that officers are either uncompensated or compensated through non-officer categories, which is highly favorable for donor perception and resource allocation.

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 Hearing Health Foundation's IRS 990 filings:

  • Expenses exceeded revenue in several periods (e.g., 202309, 201709, 201509), indicating potential operational deficits that could draw down reserves if not managed.

Strengths

The following positive indicators were identified for Hearing Health Foundation:

  • Consistent reporting of 0% officer compensation across all filings, indicating efficient use of funds and strong transparency.
  • Maintains a robust asset base, with assets consistently above $8 million and reaching $14,344,426, providing financial stability.
  • Long history of IRS 990 filings (13 filings), demonstrating commitment to regulatory compliance and public disclosure.
  • Significant increase in latest reported revenue ($8,487,849), suggesting strong donor support and fundraising capacity.

Frequently Asked Questions about Hearing Health Foundation

Is Hearing Health Foundation a legitimate charity?

Hearing Health Foundation (EIN: 131882107) 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: $8.5M. 1 red flag identified. 4 strengths noted. Financial health grade: B.

How does Hearing Health Foundation spend its money?

Hearing Health Foundation directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.

Are donations to Hearing Health Foundation tax-deductible?

Hearing Health Foundation is registered as a tax-exempt nonprofit (EIN: 131882107). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Hearing Health Foundation's spending goes to programs?

Hearing Health Foundation directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Hearing Health Foundation compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Hearing Health Foundation is above average for NTEE category H20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Hearing Health Foundation located?

Hearing Health Foundation is headquartered in New York, New York and files with the IRS under EIN 131882107. It is classified under NTEE code H20.

How many years of IRS 990 filings does Hearing Health Foundation have?

Hearing Health Foundation 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 $8.5M in total revenue.

Is Hearing Health Foundation a good charity?

Based on the available data, Hearing Health Foundation appears to be a good charity. It maintains a strong asset base ($14,344,426 latest), consistently files its IRS 990s, and reports 0% officer compensation, indicating a commitment to directing funds towards its mission rather than executive salaries.

What is the trend in Hearing Health Foundation's revenue?

Hearing Health Foundation's revenue has fluctuated significantly over the past decade, ranging from a low of $2,373,632 in 201809 to a high of $8,487,849 in the latest period. While there's no consistent upward trend, the latest revenue figure is substantially higher than previous years.

Does Hearing Health Foundation have sufficient assets?

Yes, Hearing Health Foundation appears to have sufficient assets. Its assets have consistently been above $8 million, reaching $14,344,426 in the latest report, which provides a strong financial cushion relative to its annual expenses.

Filing History

IRS 990 filing history for Hearing Health Foundation showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Hearing Health Foundation's revenue has grown by 79.6%, moving from $2.0M to $3.6M. Total assets increased by 194.6% over the same period, from $4.1M to $12.2M. Total functional expenses rose by 147.1%, from $2.0M to $4.8M. In its most recent filing year (2023), Hearing Health Foundation reported a deficit of $1.2M, with expenses exceeding revenue. The organization holds $696K in liabilities against $12.2M in assets (debt-to-asset ratio: 5.7%), resulting in net assets of $11.5M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $3.6M $4.8M $12.2M $696K View 990
2022 $5.6M $4.0M $12.4M $163K View 990
2021 $5.7M $2.8M $12.3M $114K View 990
2020 $2.9M $1.7M $9.0M $171K View 990
2019 $2.6M $2.6M $8.4M $701K View 990
2018 $2.4M $2.2M $8.7M $866K View 990
2017 $3.4M $3.6M $9.6M $1.9M View 990
2016 $3.8M $3.1M $8.7M $1.1M View 990
2015 $2.5M $2.9M $7.6M $829K View 990
2014 $3.0M $3.0M $8.1M $775K View 990
2013 $8.0M $3.2M $8.4M $978K View 990
2012 $2.1M $3.0M $3.5M $822K View 990
2011 $2.0M $2.0M $4.1M $630K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $3.6M, expenses of $4.8M, and assets of $12.2M (revenue -35.3% year-over-year).
  • 2022: Revenue of $5.6M, expenses of $4.0M, and assets of $12.4M (revenue -2.0% year-over-year).
  • 2021: Revenue of $5.7M, expenses of $2.8M, and assets of $12.3M (revenue +95.0% year-over-year).
  • 2020: Revenue of $2.9M, expenses of $1.7M, and assets of $9.0M (revenue +11.8% year-over-year).
  • 2019: Revenue of $2.6M, expenses of $2.6M, and assets of $8.4M (revenue +10.8% year-over-year).
  • 2018: Revenue of $2.4M, expenses of $2.2M, and assets of $8.7M (revenue -30.5% year-over-year).
  • 2017: Revenue of $3.4M, expenses of $3.6M, and assets of $9.6M (revenue -9.3% year-over-year).
  • 2016: Revenue of $3.8M, expenses of $3.1M, and assets of $8.7M (revenue +49.9% year-over-year).
  • 2015: Revenue of $2.5M, expenses of $2.9M, and assets of $7.6M (revenue -15.3% year-over-year).
  • 2014: Revenue of $3.0M, expenses of $3.0M, and assets of $8.1M (revenue -62.8% year-over-year).
  • 2013: Revenue of $8.0M, expenses of $3.2M, and assets of $8.4M (revenue +275.1% year-over-year).
  • 2012: Revenue of $2.1M, expenses of $3.0M, and assets of $3.5M (revenue +4.9% year-over-year).
  • 2011: Revenue of $2.0M, expenses of $2.0M, and assets of $4.1M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Hearing Health Foundation:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Hearing Health Foundation 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.

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