Sorrel Leaf Healing Center Inc

Analysis

Sorrel Leaf Healing Center Inc is a registered charity in United States, based in Eureka, CA. It received its IRS tax-exemption ruling in May 2021, 5 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Sorrel Leaf Healing Center Inc reported income of $1.6m and spending of $276k, leaving 83% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $1.5m to $1.6m (+3.4%), an average of +1.7% a year. The sharpest change came in the year to December 2023, when income rose by 127%. Over the whole period it spent 11% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Sorrel Leaf Healing Center Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include Dudleys Place Inc ($1.6m), Lake County Ambulance Service ($1.6m) and Sprout Therapeutic Riding and Education Center ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 0.7% of the total. Compensation of current officers, directors and key employees was $20k (7.4% of expenses). Other salaries and wages came to $62k. At year end it held assets of $3.7m against liabilities of $322k, net assets of $3.4m. It reported 5 employees.