Healing Arts Institute Inc

Analysis

Healing Arts Institute Inc is a registered charity in United States, based in Tolland, CT. It received its IRS tax-exemption ruling in February 1993, 33 years ago. 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 December 2023, Healing Arts Institute Inc reported income of $180k and spending of $143k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $185k to $180k (-2.8%), an average of -2.8% a year. Over the whole period it spent 66% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Healing Arts Institute Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within CT. Charities of a similar size with the same main cause include St James Haven Inc ($180k), Utah Debate Commission ($180k) and Bloss Area Swimming Association ($180k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $237k against liabilities of $0, net assets of $237k.