Handz-On Inc

Analysis

Handz-On Inc is a registered charity in United States, based in Hartford, CT. It received its IRS tax-exemption ruling in March 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Handz-On Inc reported income of $5.5m and spending of $4.1m, leaving 24% of income unspent that year. Across the 3 years on record, from December 2020 to December 2023, income grew from $5.1m to $5.5m (+6.3%), an average of +3.1% a year. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Handz-On Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within CT. Charities of a similar size with the same main cause include Virginia Commonwealth University College of Engineering Foundation ($5.5m), Electricore Inc ($5.5m) and Moody Early Childhood Center ($5.5m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $3.3m. At year end it held assets of $3.8m against liabilities of $0, net assets of $3.8m. It reported 121 employees.