Is Healing House Inc Legit?

Strengths

Consistent revenue growth, from $1.1M in 2014 to $3.8M in 2023.
Significant asset growth, from $2.1M in 2014 to $8.6M in 2023.
Zero reported officer compensation across all 13 filings, indicating high efficiency and mission focus.
Expenses consistently below revenue, allowing for asset accumulation and financial stability.
Strong financial health and capacity demonstrated by increasing assets and managed liabilities.

Spending Breakdown

How Healing House Inc allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Healing House Inc

Is Healing House Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Healing House Inc (EIN: 201877757) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.

Is Healing House Inc a good charity to donate to?

Healing House Inc has a Mission Score of 95/100. Revenue: $4.1M. Assets: $8.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Healing House Inc?

The Employer Identification Number (EIN) for Healing House Inc is 201877757. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Healing House Inc spend its money?

Healing House Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Healing House Inc's tax-exempt status?

You can verify Healing House Inc's tax-exempt status using EIN 201877757 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

Healing House Inc demonstrates consistent financial growth and strong program focus based on its IRS 990 filings. Over the past decade, the organization has seen its revenue grow from $1,108,716 in 2014 to $3,795,940 in 2023, indicating increasing support and capacity. Its assets have also steadily increased, reaching $8,639,113 in 2023, suggesting sound financial management and investment in its mission. The organization consistently reports 0% officer compensation, which is a significant indicator of transparency and a commitment to directing funds towards its programs rather than executive salaries.

The organization's spending efficiency appears robust, with expenses generally tracking below revenue, allowing for asset growth. For instance, in 2023, expenses were $3,709,141 against revenues of $3,795,940, showing a lean operational margin. The absence of reported officer compensation further reinforces a positive view of its financial practices. While specific breakdowns of program, administrative, and fundraising expenses are not provided in the summary data, the overall financial health and growth trajectory are positive.

Healing House Inc's consistent growth in revenue and assets, coupled with zero reported officer compensation across all available filings, paints a picture of a financially healthy and transparent organization. This suggests a strong commitment to its mission and efficient use of donor funds. The organization's ability to manage increasing liabilities alongside asset growth also indicates responsible financial stewardship.

Verdict: Healing House Inc appears trustworthy