Healing Species Inc

Analysis

Healing Species Inc is a registered charity in United States, based in Orangeburg, SC. It received its IRS tax-exemption ruling in May 2010, 16 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, Healing Species Inc reported income of $119k and spending of $138k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $201k to $119k (-41%), an average of -12% a year. The sharpest change came in the year to December 2022, when income dropped by 51%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Healing Species Inc sits at the 37th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 47th percentile within SC. Charities of a similar size with the same main cause include Travis Fredericks Blocking Out Hunger Foundation Inc ($119k), Vantage Court Senior Housing Inc ($119k) and Wadan Worldwide Inc ($119k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $252k against liabilities of $153, net assets of $252k.