Healing Soils Foundation

Analysis

Healing Soils Foundation is a registered charity in United States, based in Chaska, MN. It received its IRS tax-exemption ruling in January 2020, 6 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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 Soils Foundation reported income of $515k and spending of $335k, leaving 35% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $279k to $515k (+84%), an average of +84% a year. The sharpest change came in the year to December 2023, when income rose by 84%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Healing Soils Foundation sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within MN. Charities of a similar size with the same main cause include Austin Childcare Providers Network ($515k), Neighbors Who Care Inc ($515k) and Community Child Care Center of the Third Ward Inc ($515k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $147k against liabilities of $5,000, net assets of $142k.