Healing Angels Organization

Analysis

Healing Angels Organization is a registered charity in United States, based in Concord, NC. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover animal-related, which this site groups under animals. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Healing Angels Organization reported income of $120k and spending of $144k, spending 121% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $228k to $120k (-48%), an average of -28% a year. The sharpest change came in the year to December 2023, when income dropped by 42%. Over the whole period it spent 115% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Healing Angels Organization sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 39th percentile within NC. Charities of a similar size with the same main cause include Cmc2 Rescue Inc ($120k), Second Leash on Life Inc ($120k) and Barrington Area Animal Rescue & Kennels NFP ($120k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 94% of the total. Compensation of current officers, directors and key employees was $29k (20% of expenses). At year end it held assets of -$78k against liabilities of $0, net assets of -$78k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.