Community Healing Network Inc

Analysis

Community Healing Network Inc is a registered charity in United States, based in New Haven, CT. It received its IRS tax-exemption ruling in November 2009, 17 years ago. Its declared purposes cover social science, which this site groups under arts, culture, heritage and science. 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 June 2023, Community Healing Network Inc reported income of $231k and spending of $451k, spending 195% of what it took in. Across the 3 years on record, from June 2021 to June 2023, income fell from $280k to $231k (-17%), an average of -9.1% a year. The sharpest change came in the year to June 2022, when income rose by 153%. Over the whole period it spent 74% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Community Healing Network Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within CT. Charities of a similar size with the same main cause include Youth Orchestra of Central Jersey Inc ($231k), Level Ground Inc ($231k) and Threshold Choir ($231k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 85% and program service revenue 14% of the total. Other salaries and wages came to $99k. At year end it held assets of $432k against liabilities of $18k, net assets of $413k. It reported 2 employees.