Music That Heals Inc

Analysis

Music That Heals Inc is a registered charity in United States, based in Neponsit, NY. It received its IRS tax-exemption ruling in March 2016, 10 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, Music That Heals Inc reported income of $86k and spending of $108k, spending 126% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $113k to $86k (-23%), an average of -24% a year. The sharpest change came in the year to December 2023, when income dropped by 23%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Music That Heals Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 33rd percentile within NY. Charities of a similar size with the same main cause include Fight Like a Dozer ($86k), Community Apartments Corporation of Orange County ($86k) and Wheatland Emergency Medical Service Inc ($86k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $225k against liabilities of $0, net assets of $225k.