Healing for the Nations Inc

Analysis

Healing for the Nations Inc is a registered charity in United States, based in Marietta, GA. It received its IRS tax-exemption ruling in February 1994, 32 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Healing for the Nations Inc reported income of $169k and spending of $159k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $205k to $169k (-17%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 87% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Healing for the Nations Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 53rd percentile within GA. Charities of a similar size with the same main cause include CMH Fashion Week Inc ($169k), Hba Cares Inc ($169k) and Joseph Gomoll Foundation Inc ($169k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 24% of the total. At year end it held assets of $83k against liabilities of $0, net assets of $83k.