Grateful Heart Holistic Therapycenter

Analysis

Grateful Heart Holistic Therapycenter is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in February 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Grateful Heart Holistic Therapycenter reported income of $771k and spending of $849k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $303k to $771k (+155%), an average of +26% a year. The sharpest change came in the year to December 2020, when income rose by 63%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Grateful Heart Holistic Therapycenter sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Feed & Seed Co ($771k), Virginia Christian College ($771k) and Und Arena Services Inc ($771k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $254k (30% of expenses). Other salaries and wages came to $127k. At year end it held assets of $969k against liabilities of $520k, net assets of $449k. It reported 77 employees.