The Healing Way

Analysis

The Healing Way is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover health care, 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 December 2023, The Healing Way reported income of $309k and spending of $240k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $98k to $309k (+216%), an average of +33% a year. The sharpest change came in the year to December 2020, when income rose by 56%. Over the whole period it spent 81% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Healing Way sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 60th percentile within WA. Charities of a similar size with the same main cause include Community Pregnancy Center ($309k), Arise Recovery Residences Inc ($309k) and Chevra Hatzolah of Middlesex County Inc ($309k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $67k (28% of expenses). Other salaries and wages came to $102k. At year end it held assets of $201k against liabilities of $4,664, net assets of $197k. It reported 8 employees.