Healing Rain Ministries

Analysis

Healing Rain Ministries is a registered charity in United States, based in Maineville, OH. It received its IRS tax-exemption ruling in April 2017, 9 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 December 2023, Healing Rain Ministries reported income of $213k and spending of $216k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $173k to $213k (+23%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 105% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Healing Rain Ministries sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within OH. Charities of a similar size with the same main cause include The Great Feast of the Holy Ghost of New England ($213k), Gods Economy Inc ($213k) and Treasure Commission Inc ($213k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $54k (25% of expenses). At year end it held assets of $42k against liabilities of $0, net assets of $42k.