Healing Racism Institute of the Pioneer Valley Inc

Analysis

Healing Racism Institute of the Pioneer Valley Inc is a registered charity in United States, based in Springfield, MA. It received its IRS tax-exemption ruling in July 2021, 5 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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 June 2023, Healing Racism Institute of the Pioneer Valley Inc reported income of $213k and spending of $317k, spending 148% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $706k to $213k (-70%), an average of -70% a year. The sharpest change came in the year to June 2023, when income dropped by 70%. Over the whole period it spent 72% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Healing Racism Institute of the Pioneer Valley Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 58th percentile within MA. Charities of a similar size with the same main cause include Star 6 Foundation ($213k), One Nation Under God Foundation ($214k) and Floridians for Alternatives to the Death Penalty Inc ($213k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 68% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $125k (40% of expenses). At year end it held assets of $437k against liabilities of $18k, net assets of $419k. It reported 2 employees.