Healing Transitions Inc

Analysis

Healing Transitions Inc is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in June 1999, 27 years ago. Its declared purposes cover mental health and crisis intervention, 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, Healing Transitions Inc reported income of $14.5m and spending of $7.0m, leaving 51% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $9.6m to $14.5m (+51%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 44%. Over the whole period it spent 51% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Healing Transitions Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within NC. Charities of a similar size with the same main cause include The Childrens Hospital of Philadelphia Practice Association ($14.5m), Ozarks Resource Group ($14.5m) and Aliados Health Network ($14.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 4.3% of the total. Other salaries and wages came to $2.9m. It paid $165k in professional fundraising fees. At year end it held assets of $37.7m against liabilities of $1.5m, net assets of $36.2m. It reported 117 employees.