Healing Rooms Ministries

Analysis

Healing Rooms Ministries is a registered charity in United States, based in Spokane Vly, WA. It received its IRS tax-exemption ruling in February 2001, 25 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Rooms Ministries reported income of $440k and spending of $693k, spending 158% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $381k to $440k (+15%), an average of +2.9% a year. The sharpest change came in the year to December 2021, when income rose by 490%. Over the whole period it spent 84% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Healing Rooms Ministries sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within WA. Charities of a similar size with the same main cause include Pilgrim Tract Society Inc ($440k), Just of Dupage ($440k) and Faith Impact Church ($440k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $29k (4.1% of expenses). Other salaries and wages came to $168k. At year end it held assets of $2.6m against liabilities of $806k, net assets of $1.8m. It reported 11 employees.