Hands on Hartford Inc

Analysis

Hands on Hartford Inc is a registered charity in United States, based in Hartford, CT. It received its IRS tax-exemption ruling in May 1970, 56 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, Hands on Hartford Inc reported income of $5.2m and spending of $5.7m, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.2m to $5.2m (+62%), an average of +13% a year. The sharpest change came in the year to December 2020, when income rose by 26%. Over the whole period it spent 106% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hands on Hartford Inc sits at the 91st percentile: it is larger than about 91% 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 YMCA ($5.2m), Tennessee Personal Assistance Inc ($5.2m) and Twilight Haven ($5.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 28% of the total. Other salaries and wages came to $2.5m. At year end it held assets of $7.9m against liabilities of $889k, net assets of $7.0m. It reported 77 employees.