Institute For Healing of Memories - North America Inc is a 501(c)(3) organization based in New York, New York, registered in 2014, with $177,656 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$178K
▲ 20.8% vs prior year
Human Services median: $293K
Expenses (FY2024)
$149K
Net assets
$55K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Institute For Healing of Memories - North America Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Institute For Healing of Memories - North America Inc: 4 mo reserves · +16% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Institute For Healing of Memories - North America Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Institute For Healing of Memories - North America Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $90K (FY2016) to $178K (FY2024) across 9 reported years.
Financial snapshot
Operating margin
16.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$56K
Total liabilities
$1,091
Net assets
$55K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $177,656▲20.8% | $149,211▼26.2% | $54,986▲107% | $56,077▲103% | 990 |
| 2023 | $147,061▼32.7% | $202,167▼2.2% | $26,541▼67.3% | $27,659▼67.1% | 990 |
| 2022 | $218,401▲6.1% | $206,742▲4.4% | $81,147▲16.8% | $83,995▼2.3% | 990 |
| 2021 | $205,802▲3.1% | $198,018▲5.0% | $69,488▲15.7% | $85,975▲13.2% | 990 |
| 2020 | $199,606▼3.8% | $188,576▼21.9% | $60,082▲22.5% | $75,941▼24.7% | 990 |
| 2019 | $207,491▼10.4% | $241,468▼13.5% | $49,050▼41.8% | $100,889▲18.6% | 990 |
| 2018 | $231,551▲29.8% | $279,059▲68.7% | $84,326▼36.3% | $85,035▼36.4% | 990 |
| 2017 | $178,361▲97.3% | $165,370▲34.0% | $132,323▲0.3% | $133,655▲1.3% | 990 |
| 2016 | $90,395 | $123,384 | $131,992 | $131,992 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
4 grants to Institute For Healing of Memories - North America Inc totaling $35K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Network For Good Inc | Unrestricted | 2023 | $13,003 |
| Network For Good Inc | Unrestricted | 2022 | $6,625 |
| Network For Good Inc | Unrestricted | 2021 | $8,685 |
| Network For Good Inc | Unrestricted | 2020 | $6,344 |
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Data for Institute For Healing of Memories - North America Inc (EIN 26-4684365) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.