Christian Healing Network

Analysis

Christian Healing Network is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in June 2003, 23 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 June 2024, Christian Healing Network reported income of $167k and spending of $142k, spending 85% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $236k to $167k (-29%), an average of -6.7% a year. The sharpest change came in the year to June 2020, when income rose by 118%. Over the whole period it spent 113% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Christian Healing Network sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 46th percentile within CO. Charities of a similar size with the same main cause include American Friends of STC ($167k), Divine Mercy Hills Foundation of Southern California ($167k) and River Ministries Inc ($167k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 72% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $8,760 (6.2% of expenses). Other salaries and wages came to $28k. At year end it held assets of $635k against liabilities of $0, net assets of $635k. It reported 2 employees.