Partners for Healing Inc

Analysis

Partners for Healing Inc is a registered charity in United States, based in Tullahoma, TN. It received its IRS tax-exemption ruling in February 2001, 25 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Partners for Healing Inc reported income of $452k and spending of $415k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $524k to $452k (-14%), an average of -3.6% a year. The sharpest change came in the year to December 2021, when income dropped by 40%. Over the whole period it spent 110% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Partners for Healing Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within TN. Charities of a similar size with the same main cause include Family Care Network Inc ($452k), Wilderwood Equine Therapy and Rescue ($452k) and Majestic Hills Ranch Foundation ($452k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $196k. At year end it held assets of $780k against liabilities of $12k, net assets of $769k. It reported 14 employees.