Headway House Inc

Analysis

Headway House Inc is a registered charity in United States, based in Northridge, CA. It received its IRS tax-exemption ruling in December 1995, 31 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Headway House Inc reported income of $198k and spending of $219k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $147k to $198k (+35%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 124% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Headway House Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 56th percentile within CA. Charities of a similar size with the same main cause include Little P Project ($198k), Lompoc Crisis Pregnancy Center ($198k) and Arizona United Rheumatology Alliance Inc ($198k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 74% of the total. At year end it held assets of $23k against liabilities of $651k, net assets of -$628k.