Healing Wings Ministries

Analysis

Healing Wings Ministries is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in October 1995, 31 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Wings Ministries reported income of $57k and spending of $56k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $57k to $57k (-0.4%), an average of -0.4% a year. Over the whole period it spent 125% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Healing Wings Ministries sits at the 25th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 19th percentile within CO. Charities of a similar size with the same main cause include River of Life Christian Church in Philadelphia ($57k), Slavic Evangelical Church House of Prayer Inc ($57k) and Ezra Ministries Inc ($57k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $10k against liabilities of $28k, net assets of -$18k.