Healing Touch Ministries Inc

Analysis

Healing Touch Ministries Inc is a registered charity in United States, based in Muskogee, OK. It received its IRS tax-exemption ruling in June 2005, 21 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Touch Ministries Inc reported income of $121k and spending of $107k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $101k to $121k (+19%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 90% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Healing Touch Ministries 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 42nd percentile, and in the 42nd percentile within OK. Charities of a similar size with the same main cause include Community Church of Praise ($121k), Pure for God Ministries Inc ($121k) and Israel Support Fund ($121k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $111k against liabilities of $0, net assets of $111k.