Hope and Healing Center & Institute

Analysis

Hope and Healing Center & Institute is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in May 2012, 14 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, Hope and Healing Center & Institute reported income of $3.3m and spending of $2.8m, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.7m to $3.3m (+23%), an average of +5.3% a year. The sharpest change came in the year to December 2021, when income rose by 20%. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Hope and Healing Center & Institute sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 92nd percentile within TX. Charities of a similar size with the same main cause include Delta Streets Ministries Inc ($3.3m), Paradisus Dei Inc ($3.3m) and Influencers Global Ministries ($3.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $368k (13% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $3.2m against liabilities of $191k, net assets of $3.0m. It reported 35 employees.