The Healing Center

Analysis

The Healing Center is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in August 1999, 27 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 August 2023, The Healing Center reported income of $2.9m and spending of $2.9m, spending 101% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $2.1m to $2.9m (+37%), an average of +8.2% a year. The sharpest change came in the year to August 2022, when income rose by 25%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Healing Center sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within OH. Charities of a similar size with the same main cause include Childcare Resources of Indian River Inc ($2.9m), Community Youth and Womens Alliance Inc ($2.9m) and Collaborative for Fresh Produce ($2.9m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% and program service revenue 0.0% of the total. At year end it held assets of $816k against liabilities of $118k, net assets of $698k.