The Healing Hands Foundation
EIN: 260559103 · Freeland, MD · NTEE: Q33
| Metric | Value |
|---|---|
| Total Revenue | $97K |
| Total Expenses | $9K |
| Net Assets | $39K |
Is The Healing Hands Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Healing Hands Foundation
The Healing Hands Foundation (EIN: 260559103) is a nonprofit organization based in Freeland, MD, classified under NTEE code Q33. The organization reported total revenue of $97K and total assets of $69K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Healing Hands Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Healing Hands Foundation is a micro nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -18.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $19K |
| Total Expenses | $9K |
| Surplus / Deficit | +$10K |
| Total Assets | $39K |
| Net Assets | $39K |
| Operating Margin | 51.4% |
| Months of Reserves | 50.8 months |
Financial Health Grade: A
In 2023, The Healing Hands Foundation reported a surplus of $10K with revenue exceeding expenses, holds 50.8 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), The Healing Hands Foundation's revenue has declined at a compound annual growth rate (CAGR) of -18.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +19.1% | -12.1% | +33.3% |
| 2022 | -35.9% | -47.5% | +22.8% |
| 2021 | -56.9% | -71.1% | +26.3% |
| 2020 | -29.6% | -1.2% | -37.6% |
| 2019 | +25.1% | -37.7% | +61.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The Healing Hands Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Healing Hands Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $10K, with revenue exceeding expenses.
Frequently Asked Questions about The Healing Hands Foundation
Is The Healing Hands Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, The Healing Hands Foundation (EIN: 260559103) insufficient data. 0 red flags identified, 0 strengths noted.
How does The Healing Hands Foundation spend its money?
Detailed spending breakdown data is not yet available for The Healing Hands Foundation. Check back for updated IRS 990 analysis.
Are donations to The Healing Hands Foundation tax-deductible?
The Healing Hands Foundation is registered as a tax-exempt nonprofit (EIN: 260559103). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Healing Hands Foundation located?
The Healing Hands Foundation is headquartered in Freeland, Maryland and files with the IRS under EIN 260559103. It is classified under NTEE code Q33.
How many years of IRS 990 filings does The Healing Hands Foundation have?
The Healing Hands Foundation has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $97K in total revenue.
Filing History
IRS 990 filing history for The Healing Hands Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The Healing Hands Foundation's revenue has declined by 91.3%, moving from $219K to $19K. Total assets decreased by 21.9% over the same period, from $50K to $39K. Total functional expenses fell by 95.6%, from $210K to $9K. In its most recent filing year (2023), The Healing Hands Foundation reported a surplus of $10K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $19K | $9K | $39K | $0 | — | View 990 |
| 2022 | $16K | $11K | $30K | $0 | — | View 990 |
| 2021 | $25K | $20K | $24K | $0 | — | — |
| 2020 | $58K | $70K | $19K | $0 | — | View 990 |
| 2019 | $83K | $71K | $31K | $0 | — | View 990 |
| 2018 | $66K | $113K | $19K | $100 | — | View 990 |
| 2017 | $143K | $140K | $69K | $3K | — | View 990 |
| 2016 | $79K | $124K | $67K | $0 | — | View 990 |
| 2015 | $102K | $121K | $112K | $0 | — | View 990 |
| 2014 | $116K | $85K | $131K | $0 | — | View 990 |
| 2013 | $114K | $75K | $100K | $0 | — | View 990 |
| 2012 | $68K | $58K | $60K | $0 | — | View 990 |
| 2011 | $219K | $210K | $50K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $19K, expenses of $9K, and assets of $39K (revenue +19.1% year-over-year).
- 2022: Revenue of $16K, expenses of $11K, and assets of $30K (revenue -35.9% year-over-year).
- 2021: Revenue of $25K, expenses of $20K, and assets of $24K (revenue -56.9% year-over-year).
- 2020: Revenue of $58K, expenses of $70K, and assets of $19K (revenue -29.6% year-over-year).
- 2019: Revenue of $83K, expenses of $71K, and assets of $31K (revenue +25.1% year-over-year).
- 2018: Revenue of $66K, expenses of $113K, and assets of $19K (revenue -53.8% year-over-year).
- 2017: Revenue of $143K, expenses of $140K, and assets of $69K (revenue +82.1% year-over-year).
- 2016: Revenue of $79K, expenses of $124K, and assets of $67K (revenue -23.1% year-over-year).
- 2015: Revenue of $102K, expenses of $121K, and assets of $112K (revenue -11.6% year-over-year).
- 2014: Revenue of $116K, expenses of $85K, and assets of $131K (revenue +1.1% year-over-year).
- 2013: Revenue of $114K, expenses of $75K, and assets of $100K (revenue +68.0% year-over-year).
- 2012: Revenue of $68K, expenses of $58K, and assets of $60K (revenue -68.9% year-over-year).
- 2011: Revenue of $219K, expenses of $210K, and assets of $50K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Healing Hands Foundation:
Data Sources and Methodology
This transparency report for The Healing Hands Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.