Operation Healing Forces Inc

Analysis

Operation Healing Forces Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in March 2012, 14 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 December 2023, Operation Healing Forces Inc reported income of $5.0m and spending of $4.8m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.0m to $5.0m (+67%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 42%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Operation Healing Forces Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within FL. Charities of a similar size with the same main cause include The Child Care Action Council of Thurston County ($5.0m), Norm Waitt Sr Young Mens Christian Association ($5.0m) and Huckleberry House Inc ($5.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. Compensation of current officers, directors and key employees was $565k (12% of expenses). Other salaries and wages came to $627k. At year end it held assets of $2.6m against liabilities of $612k, net assets of $2.0m. It reported 16 employees.