Music for Healing and Transition Program Inc

Analysis

Music for Healing and Transition Program Inc is a registered charity in United States, based in Coventry TWP, OH. It received its IRS tax-exemption ruling in June 1996, 30 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Music for Healing and Transition Program Inc reported income of $134k and spending of $141k, spending 105% of what it took in. Across the 5 years on record, from December 2013 to December 2023, income fell from $203k to $134k (-34%), an average of -9.9% a year. The sharpest change came in the year to December 2023, when income dropped by 36%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Music for Healing and Transition Program Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 45th percentile within OH. Charities of a similar size with the same main cause include Pivotal Point Enterprises Inc ($134k), PTA California Congress of Parents Teachers & Students Inc ($134k) and Bright Beginnings Preschool ($134k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.8% and program service revenue 93% of the total. Other salaries and wages came to $65k. At year end it held assets of $96k against liabilities of $969, net assets of $95k. It reported 1 employees.