Hands of Compassion International Inc

Analysis

Hands of Compassion International Inc is a registered charity in United States, based in Lake Monroe, FL. It received its IRS tax-exemption ruling in July 2002, 24 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Hands of Compassion International Inc reported income of $75k and spending of $56k, leaving 26% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $40k to $75k (+88%), an average of +88% a year. The sharpest change came in the year to December 2023, when income rose by 88%. Over the whole period it spent 82% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Hands of Compassion International Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 33rd percentile within FL. Charities of a similar size with the same main cause include Heritage Trail Conservancy Inc ($75k), The Sertoma Club of Bradenton Inc ($75k) and American Friends of Alin Beit Noam Inc ($75k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 84% of the total. At year end it held assets of $283k against liabilities of $0, net assets of $283k.