Healing Care Ministries
Analysis
Healing Care Ministries is a registered charity in United States, based in West Salem, OH. It received its IRS tax-exemption ruling in May 2011, 15 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Care Ministries reported income of $1.3m and spending of $1.3m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $677k to $1.3m (+89%), an average of +17% a year. The sharpest change came in the year to December 2020, when income rose by 29%. Over the whole period it spent 83% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Healing Care Ministries sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within OH. Charities of a similar size with the same main cause include Good Shepherd Ministries International ($1.3m), Action in Montgomery Inc ($1.3m) and Mission Impact Inc ($1.3m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $88k (7.0% of expenses). Other salaries and wages came to $401k. At year end it held assets of $1.2m against liabilities of $302k, net assets of $936k. It reported 15 employees.
Income and spending
Where the income comes from
- Contributions & grants 29%
- Program services 64%
- Other 7.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Good Shepherd Ministries International | SN Bernrdno | $1.3m |
| Action in Montgomery Inc | Takoma Park | $1.3m |
| Mission Impact Inc | Madison | $1.3m |
| Moriel Ministries | Dover | $1.3m |