Arts of Healing Foundation

Analysis

Arts of Healing Foundation is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in October 2017, 9 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 (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 2022, Arts of Healing Foundation reported income of $90k and spending of $197k, spending 219% of what it took in. Across the 3 years on record, from December 2019 to December 2022, income fell from $161k to $90k (-44%), an average of -25% a year. The sharpest change came in the year to December 2021, when income dropped by 58%. Over the whole period it spent 140% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Arts of Healing Foundation sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 36th percentile within TX. Charities of a similar size with the same main cause include RMH Ride Inc ($90k), Blind Services Foundation of Florida Inc ($90k) and NCSS Education Foundation Inc ($90k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 29% of the total. At year end it held assets of $12k against liabilities of $103k, net assets of -$90k.