Healing Arts Project Inc

Analysis

Healing Arts Project Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in May 2004, 22 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 June 2023, Healing Arts Project Inc reported income of $198k and spending of $199k, spending 100% of its income. Across the 3 years on record, from June 2020 to June 2023, income grew from $64k to $198k (+209%), an average of +76% a year. The sharpest change came in the year to June 2022, when income rose by 249%. 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, Healing Arts Project Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within TN. Charities of a similar size with the same main cause include Projectone ($198k), Epperson Ministries ($198k) and Lompoc Crisis Pregnancy Center ($198k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $42k (21% of expenses). Other salaries and wages came to $24k. At year end it held assets of $37k against liabilities of -$17k, net assets of $54k. It reported 4 employees.