Healing Vine Harbor Inc

Analysis

Healing Vine Harbor Inc is a registered charity in United States, based in Mint Hill, NC. It received its IRS tax-exemption ruling in March 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Healing Vine Harbor Inc reported income of $120k and spending of $143k, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $25k to $120k (+386%), an average of +48% a year. The sharpest change came in the year to December 2020, when income rose by 68%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Healing Vine Harbor Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 39th percentile within NC. Charities of a similar size with the same main cause include Robert E Willis Elementary PTO Inc ($120k), The Fitzgerald Family Foundation Inc ($120k) and Parent Booster USA Inc ($120k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $53k (37% of expenses). Other salaries and wages came to $16k. At year end it held assets of $65k against liabilities of $95, net assets of $65k. It reported 2 employees.