The Healing Connection Residential Treatment Inc

Analysis

The Healing Connection Residential Treatment Inc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in July 2021, 5 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, The Healing Connection Residential Treatment Inc reported income of $204k and spending of $107k, leaving 48% of income unspent that year. Across the 2 years on record, from December 2021 to December 2022, income fell from $648k to $204k (-69%), an average of -68% a year. The sharpest change came in the year to December 2022, when income dropped by 69%. Over the whole period it spent 15% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Healing Connection Residential Treatment Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within NY. Charities of a similar size with the same main cause include Transition House of Tennessee Inc ($204k), Bonneville House Association ($204k) and Wat Florida Dhammaram Inc ($204k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $722k against liabilities of $660, net assets of $721k.