House of Healing Inc

Analysis

House of Healing Inc is a registered charity in United States, based in El Reno, OK. It received its IRS tax-exemption ruling in November 2007, 19 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, House of Healing Inc reported income of $151k and spending of $185k, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $172k to $151k (-13%), an average of -3.3% a year. The sharpest change came in the year to December 2023, when income dropped by 34%. Over the whole period it spent 109% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, House of Healing Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 48th percentile within OK. Charities of a similar size with the same main cause include Pathways Living Inc ($151k), Freedom Place Inc ($151k) and Philipsburg Hospital Auxiliary Thrift Shop ($151k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 2.3% of the total. Compensation of current officers, directors and key employees was $48k (26% of expenses). Other salaries and wages came to $16k. At year end it held assets of $942k against liabilities of $0, net assets of $942k. It reported 4 employees.