Healing Therapies Thru Sharing Inc

Analysis

Healing Therapies Thru Sharing Inc is a registered charity in United States, based in Waterford, CT. It received its IRS tax-exemption ruling in October 2019, 7 years ago. Its declared purposes cover health care, 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 Therapies Thru Sharing Inc reported income of $115k and spending of $115k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $54k to $115k (+113%), an average of +113% a year. The sharpest change came in the year to December 2023, when income rose by 113%. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Healing Therapies Thru Sharing Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 38th percentile within CT. Charities of a similar size with the same main cause include Pendleton Emergency Ambulance Inc ($115k), Riding for Dreams ($115k) and Hoofbeats Therapeutic Riding Center Inc ($115k).

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 $4,311 against liabilities of $0, net assets of $4,311.