Healing the Broken Hearted Inc

Analysis

Healing the Broken Hearted Inc is a registered charity in United States, based in Tallahassee, FL. It received its IRS tax-exemption ruling in September 2001, 25 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Healing the Broken Hearted Inc reported income of $195k and spending of $286k, spending 147% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $347k to $195k (-44%), an average of -44% a year. The sharpest change came in the year to December 2023, when income dropped by 44%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Healing the Broken Hearted Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within FL. Charities of a similar size with the same main cause include National Alliance on Mental Illness ($195k), Fairlawn Family Church Inc ($195k) and Jamaica Awareness Association of California Inc ($195k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 76% of the total. At year end it held assets of $23k against liabilities of $0, net assets of $23k.