The Healing Connection Inc

Analysis

The Healing Connection Inc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, The Healing Connection Inc reported income of $2.3m and spending of $2.5m, spending 110% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $1.5m to $2.3m (+51%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 58%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Healing Connection Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 84th percentile within NY. Charities of a similar size with the same main cause include Jewel Charity Ball Incorporated ($2.3m), Valley Emergency Medical Services Inc ($2.3m) and Hearts & Horses Inc ($2.3m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 4.5% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $114k (4.6% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $761k against liabilities of $453k, net assets of $308k. It reported 49 employees.