Healing the Children Northeast Incorporated

Analysis

Healing the Children Northeast Incorporated is a registered charity in United States, based in New Milford, CT. It received its IRS tax-exemption ruling in December 1986, 40 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Healing the Children Northeast Incorporated reported income of $801k and spending of $704k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $910k to $801k (-12%), an average of -3.1% a year. The sharpest change came in the year to December 2022, when income rose by 75%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Healing the Children Northeast Incorporated sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 75th percentile within CT. Charities of a similar size with the same main cause include Fred Kennedy Associates Inc ($801k), Kings Daughters & Sons Inc Home for Aged ($801k) and Louisiana Sports Hall of Fame Foundation ($800k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% of the total. Compensation of current officers, directors and key employees was $46k (6.5% of expenses). Other salaries and wages came to $43k. At year end it held assets of $789k against liabilities of $55k, net assets of $734k. It reported 3 employees.