Healing Path Ministries

Analysis

Healing Path Ministries is a registered charity in United States, based in Sunnyvale, CA. It received its IRS tax-exemption ruling in February 2018, 8 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 Path Ministries reported income of $156k and spending of $139k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $113k to $156k (+39%), an average of +8.5% a year. The sharpest change came in the year to December 2021, when income rose by 20%. Over the whole period it spent 83% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Healing Path Ministries sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 50th percentile within CA. Charities of a similar size with the same main cause include Ten 14 Ministries ($156k), Via Ministries USA ($156k) and Iglesia de Jesucristo LA Gran Cosecha ($156k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $109k (79% of expenses). At year end it held assets of $354k against liabilities of $2,253, net assets of $351k. It reported 1 employees.