Healing Impact Inc

Analysis

Healing Impact Inc is a registered charity in United States, based in Milton, FL. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover mental health and crisis intervention, 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, Healing Impact Inc reported income of $483k and spending of $474k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $388k to $483k (+24%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 107% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Healing Impact Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within FL. Charities of a similar size with the same main cause include York County Disabilities Foundation ($482k), Thompson Cancer Survival Foundation ($483k) and Little Urban Smiles Inc ($482k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.7% and program service revenue 99% of the total. At year end it held assets of $25k against liabilities of $8,495, net assets of $16k.