Voice Health Institute
Voice Health Institute faces severe financial decline with persistent operating deficits and 91% asset depletion over a decade.
EIN: 134269601 · Boston, MA · NTEE: E50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $1.1M |
| Program Spending | 75% |
| Net Assets | $2.6M |
| Transparency Score | 40/100 |
Is Voice Health Institute Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Voice Health Institute directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Voice Health Institute
Voice Health Institute (EIN: 134269601) is a nonprofit organization based in Boston, MA, classified under NTEE code E50. The organization reported total revenue of $1.2M and total assets of $2.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Voice Health Institute's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Voice Health Institute is a mid-size nonprofit that has been operating for 22 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -2.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $206K |
| Total Expenses | $1.1M |
| Surplus / Deficit | $-913,795 |
| Total Assets | $2.6M |
| Total Liabilities | $11K |
| Net Assets | $2.6M |
| Operating Margin | -443.8% |
| Debt-to-Asset Ratio | 0.4% |
| Months of Reserves | 28.1 months |
Financial Health Grade: B
In 2023, Voice Health Institute reported a deficit of $914K with expenses exceeding revenue, holds 28.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.4% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Voice Health Institute's revenue has declined at a compound annual growth rate (CAGR) of -2.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -81.6% | -16.4% | -31.5% |
| 2022 | +97.7% | -45.8% | -65.7% |
| 2021 | -56.7% | -19.2% | -14.5% |
| 2020 | +329.8% | +20.2% | -12.3% |
| 2019 | -82.2% | -22.0% | -15.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Voice Health Institute with a Mission Score of 40 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Voice Health Institute allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $914K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.4%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation, which is a positive sign for resource allocation and transparency.
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 Voice Health Institute's IRS 990 filings:
- Persistent and significant operating deficits, with expenses consistently exceeding revenue for over a decade.
- Dramatic decline in assets, from $29,458,688 in 2014 to $2,624,861 in 2023, indicating severe financial instability.
- Revenue has been highly inconsistent and often insufficient to cover operational costs.
Strengths
The following positive indicators were identified for Voice Health Institute:
- Reported 0% officer compensation across all filings, indicating no executive pay from the organization's funds.
- Long filing history (14 filings) suggests a commitment to IRS compliance, even amidst financial challenges.
Frequently Asked Questions about Voice Health Institute
Is Voice Health Institute a legitimate charity?
Based on AI analysis of IRS 990 filings, Voice Health Institute (EIN: 134269601) significant concerns. Mission Score: 40/100. 3 red flags identified, 2 strengths noted.
How does Voice Health Institute spend its money?
Voice Health Institute directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Voice Health Institute tax-deductible?
Voice Health Institute is registered as a tax-exempt nonprofit (EIN: 134269601). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Voice Health Institute's spending goes to programs?
Voice Health Institute directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Voice Health Institute compare to similar nonprofits?
With a transparency score of 40/100 (Fair), Voice Health Institute is near average for NTEE category E50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Voice Health Institute located?
Voice Health Institute is headquartered in Boston, Massachusetts and files with the IRS under EIN 134269601. It is classified under NTEE code E50.
How many years of IRS 990 filings does Voice Health Institute have?
Voice Health Institute has 14 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 $1.2M in total revenue.
What caused the significant and continuous decline in assets from $29.4M in 2014 to $2.6M in 2023?
The consistent pattern of expenses far exceeding revenue, such as $1,119,716 in expenses against $205,921 in revenue in 2023, has led to the depletion of assets over time.
How does the Voice Health Institute plan to address its persistent operating deficits?
The provided data does not detail specific plans, but the organization has consistently spent more than it earned for over a decade, indicating a need for significant financial restructuring or increased fundraising efforts.
What are the primary sources of revenue for the organization, given the fluctuating and often low amounts?
The filings show highly variable revenue, from a low of $87,585 in 2014 to a high of $1,710,123 in 2018, but the specific sources are not detailed in the provided summary.
Filing History
IRS 990 filing history for Voice Health Institute showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Voice Health Institute's revenue has declined by 29.7%, moving from $293K to $206K. Total assets increased by 34.6% over the same period, from $1.9M to $2.6M. Total functional expenses fell by 20.3%, from $1.4M to $1.1M. In its most recent filing year (2023), Voice Health Institute reported a deficit of $914K, with expenses exceeding revenue. The organization holds $11K in liabilities against $2.6M in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $2.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $206K | $1.1M | $2.6M | $11K | — | — |
| 2022 | $1.1M | $1.3M | $3.8M | $30K | — | View 990 |
| 2021 | $566K | $2.5M | $11.2M | $19K | — | View 990 |
| 2020 | $1.3M | $3.1M | $13.1M | $18K | — | View 990 |
| 2019 | $304K | $2.5M | $14.9M | $102K | — | View 990 |
| 2018 | $1.7M | $3.3M | $17.6M | $507K | — | View 990 |
| 2017 | $102K | $3.4M | $18.7M | $70K | — | View 990 |
| 2016 | $1.1M | $4.2M | $22.0M | $82K | — | View 990 |
| 2015 | $460K | $4.8M | $25.1M | $55K | — | View 990 |
| 2014 | $88K | $964K | $29.5M | $70K | — | View 990 |
| 2013 | $32.3M | $3.4M | $30.3M | $44K | — | View 990 |
| 2012 | $326K | $224K | $1.4M | $363K | — | View 990 |
| 2011 | $85K | $786K | $1.3M | $390K | — | View 990 |
| 2010 | $293K | $1.4M | $1.9M | $326K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $206K, expenses of $1.1M, and assets of $2.6M (revenue -81.6% year-over-year).
- 2022: Revenue of $1.1M, expenses of $1.3M, and assets of $3.8M (revenue +97.7% year-over-year).
- 2021: Revenue of $566K, expenses of $2.5M, and assets of $11.2M (revenue -56.7% year-over-year).
- 2020: Revenue of $1.3M, expenses of $3.1M, and assets of $13.1M (revenue +329.8% year-over-year).
- 2019: Revenue of $304K, expenses of $2.5M, and assets of $14.9M (revenue -82.2% year-over-year).
- 2018: Revenue of $1.7M, expenses of $3.3M, and assets of $17.6M (revenue +1583.4% year-over-year).
- 2017: Revenue of $102K, expenses of $3.4M, and assets of $18.7M (revenue -90.6% year-over-year).
- 2016: Revenue of $1.1M, expenses of $4.2M, and assets of $22.0M (revenue +133.9% year-over-year).
- 2015: Revenue of $460K, expenses of $4.8M, and assets of $25.1M (revenue +425.6% year-over-year).
- 2014: Revenue of $88K, expenses of $964K, and assets of $29.5M (revenue -99.7% year-over-year).
- 2013: Revenue of $32.3M, expenses of $3.4M, and assets of $30.3M (revenue +9816.6% year-over-year).
- 2012: Revenue of $326K, expenses of $224K, and assets of $1.4M (revenue +281.3% year-over-year).
- 2011: Revenue of $85K, expenses of $786K, and assets of $1.3M (revenue -70.8% year-over-year).
- 2010: Revenue of $293K, expenses of $1.4M, and assets of $1.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Voice Health Institute:
Data Sources and Methodology
This transparency report for Voice Health Institute 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.