Health Care
(E56Z)
IRS Verified
DX Registered
990 on File
HEAR CENTER
Financial strength (30%)
67/100
Reliability (20%)
55/100
Effectiveness (25%)
71/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
HEAR Center, a non-profit organization since 1954, offers complete and affordable hearing, speech, and language services and is dedicated to helping people at all stages of life be a part of the hearing and speaking world.
Financial Overview — FY 2024
$590K
Total Revenue
$824K
Total Expenses
$948K
Net Assets
17
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
74.5%
Fundraising Efficiency
132.5%
Operating Reserve
13.81x
Liability-to-Asset
45.1%
Revenue Diversification
68.7%
Executive Compensation
$100K
Compared with Peers
FY 2024
Compared with 4,558 similar organizations
(United States, Health Care, $100K–$1M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
74.5% | 84.8% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
17.1% | 10.9% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
8.4% | 0.0% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
132.5% | 12.6% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
13.8 mo | 13.1 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
45.1% | 1.3% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
68.7% | 93.7% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-28.2% | 7.3% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-5.1% | 7.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-39.5% | 3.7% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $590K | $824K | $948K | 74.5% | 17 |
| 2023 | $822K | $868K | $1.1M | 76.2% | 11 |
| 2022 | $1.3M | $868K | $1.1M | 75.5% | 14 |
| 2021 | $1.4M | $862K | N/A | — | 15 |
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