Helping Hands Chore Service Inc

Analysis

Helping Hands Chore Service Inc is a registered charity in United States, based in Winsted, CT. It received its IRS tax-exemption ruling in May 2006, 20 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 December 2023, Helping Hands Chore Service Inc reported income of $204k and spending of $221k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $177k to $204k (+15%), an average of +3.5% a year. The sharpest change came in the year to December 2022, when income dropped by 19%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Helping Hands Chore Service Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within CT. Charities of a similar size with the same main cause include Southwest Aid Alliance ($204k), Bay Area Older Adults Inc ($204k) and Roc Royal Inc ($204k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 24% of the total. Other salaries and wages came to $170k. At year end it held assets of $52k against liabilities of $132, net assets of $52k. It reported 14 employees.