Healing House

Analysis

Healing House is a registered charity in United States, based in Saint Albans, WV. It received its IRS tax-exemption ruling in October 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2024, Healing House reported income of $203k and spending of $225k, spending 111% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $251k to $203k (-19%), an average of -19% a year. The sharpest change came in the year to June 2024, when income dropped by 19%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Healing House sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within WV. Charities of a similar size with the same main cause include Sharing & Caring ($203k), Helping Hands of Kilgore ($203k) and Coaches of Influence ($203k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $36k (16% of expenses). Other salaries and wages came to $133k. At year end it held assets of $119k against liabilities of $1,610, net assets of $117k.