Healing Hands Outreach Center Inc

Analysis

Healing Hands Outreach Center Inc is a registered charity in United States, based in Bloomington, IN. It received its IRS tax-exemption ruling in September 2021, 5 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 December 2023, Healing Hands Outreach Center Inc reported income of $135k and spending of $121k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $103k to $135k (+30%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 30%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Healing Hands Outreach Center Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 42nd percentile within IN. Charities of a similar size with the same main cause include Holly Springs Main Street Association Incorporated ($135k), Houston Healthcare Charitable Giving Fund Inc ($135k) and Thrall Community 4h Ffa Booster Club ($135k).

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 $26k against liabilities of $0, net assets of $26k.