Healing Species

Analysis

Healing Species is a registered charity in United States, based in Montgomery, TX. It received its IRS tax-exemption ruling in May 2010, 16 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Species reported income of $128k and spending of $108k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $70k to $128k (+84%), an average of +84% a year. The sharpest change came in the year to December 2023, when income rose by 84%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Healing Species sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 47th percentile within TX. Charities of a similar size with the same main cause include Brown Bag Coalition ($128k), St Joseph Conference Redding Society of St Vincent de Paul ($128k) and Main Line Deputy Dog ($128k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.6% and program service revenue 99% of the total. At year end it held assets of $17k against liabilities of $1,367, net assets of $16k.