Helping Hand Outreach Ministries

Analysis

Helping Hand Outreach Ministries is a registered charity in United States, based in Manchester, NH. It received its IRS tax-exemption ruling in October 1993, 33 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 2023, Helping Hand Outreach Ministries reported income of $504k and spending of $373k, leaving 26% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $352k to $504k (+43%), an average of +13% a year. The sharpest change came in the year to June 2023, when income rose by 25%. Over the whole period it spent 82% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Helping Hand Outreach Ministries sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 73rd percentile within NH. Charities of a similar size with the same main cause include Community Care of Wells County Inc ($504k), Christian Living Center Inc ($504k) and North Richmond Senior Housing Inc ($504k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 61% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $73k (19% of expenses). Other salaries and wages came to $94k. At year end it held assets of $1.3m against liabilities of $803k, net assets of $461k. It reported 7 employees.