Healing Hands Global Inc

Analysis

Healing Hands Global Inc is a registered charity in United States, based in McMinnville, TN. It received its IRS tax-exemption ruling in May 2004, 22 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 2023, Healing Hands Global Inc reported income of $387k and spending of $239k, leaving 38% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $323k to $387k (+20%), an average of +4.6% a year. The sharpest change came in the year to December 2021, when income rose by 30%. Over the whole period it spent 69% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Healing Hands Global Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 67th percentile within TN. Charities of a similar size with the same main cause include Eastern Ukraine Theologicalseminary Board of Ministry Developm ($387k), Sword Ministries International Inc ($387k) and Heritage School Non-Profit Corporation ($387k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 1.8% of the total. Compensation of current officers, directors and key employees was $64k (27% of expenses). At year end it held assets of $1.5m against liabilities of $1,318, net assets of $1.5m. It reported 2 employees.