Healing Hands Health Center Inc

Analysis

Healing Hands Health Center Inc is a registered charity in United States, based in Bristol, TN. It received its IRS tax-exemption ruling in May 1997, 29 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, Healing Hands Health Center Inc reported income of $3.0m and spending of $2.4m, leaving 20% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.0m to $3.0m (+1.7%), an average of +0.4% a year. The sharpest change came in the year to December 2023, when income rose by 40%. Over the whole period it spent 74% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Healing Hands Health Center Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within TN. Charities of a similar size with the same main cause include Human Immunome Project Inc ($3.0m), Angleton Area Emergency Medical Corps Inc ($3.0m) and Magnificat Houses Inc ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $103k (4.3% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $8.8m against liabilities of $141k, net assets of $8.6m. It reported 30 employees.