Houses for Healing Inc
Analysis
Houses for Healing Inc is a registered charity in United States, based in Abilene, TX. It received its IRS tax-exemption ruling in November 2017, 9 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Houses for Healing Inc reported income of $773k and spending of $348k, leaving 55% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $218k to $773k (+255%), an average of +37% a year. The sharpest change came in the year to December 2022, when income rose by 134%. Over the whole period it spent 34% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Houses for Healing Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within TX. Charities of a similar size with the same main cause include Kalamazoo County Medical Control Authority ($773k), Healthcaretn ($773k) and Nf2 Biosolutions ($772k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 0.2% of the total. At year end it held assets of $1.7m against liabilities of $33k, net assets of $1.6m. It reported 1 employees.
Income and spending
Where the income comes from
- Contributions & grants 98%
- Program services 0.2%
- Other 1.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Kalamazoo County Medical Control Authority | Kalamazoo | $773k |
| Healthcaretn | Knoxville | $773k |
| Nf2 Biosolutions | West Chester | $772k |
| National Neurotrauma Society Inc | Houston | $773k |