Healing Transitions Endowment Inc

Analysis

Healing Transitions Endowment Inc is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in August 2011, 15 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Healing Transitions Endowment Inc reported income of $86k and spending of $10k, leaving 88% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $67k to $86k (+28%), an average of +6.3% a year. The sharpest change came in the year to December 2021, when income rose by 1387%. Over the whole period it spent 170% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Healing Transitions Endowment Inc sits at the 39th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 31st percentile within NC. Charities of a similar size with the same main cause include Blue Cap Foundation Inc ($86k), Cise Education Fund ($86k) and 42 Foundation ($86k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% of the total. At year end it held assets of $2.3m against liabilities of $238k, net assets of $2.0m.