Helping Hands Outreach

Analysis

Helping Hands Outreach is a registered charity in United States, based in Holdingford, MN. It received its IRS tax-exemption ruling in January 2003, 23 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Helping Hands Outreach reported income of $264k and spending of $218k, spending 83% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $278k to $264k (-5.1%), an average of -1.0% a year. The sharpest change came in the year to June 2024, when income rose by 42%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Helping Hands Outreach sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 58th percentile within MN. Charities of a similar size with the same main cause include Northeast Florida Builders Association Charitable Foundation ($264k), A Cause for Tea ($264k) and Kearsarge Area Council on Aging Inc Treasurer ($264k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 89% and program service revenue 8.6% of the total. Other salaries and wages came to $123k. At year end it held assets of $288k against liabilities of $45k, net assets of $243k. It reported 7 employees.