Helping Hands Christian Pre-School

Analysis

Helping Hands Christian Pre-School is a registered charity in United States, based in Goshen, NY. It received its IRS tax-exemption ruling in July 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Helping Hands Christian Pre-School reported income of $109k and spending of $107k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $186k to $109k (-42%), an average of -13% a year. The sharpest change came in the year to December 2020, when income dropped by 54%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Helping Hands Christian Pre-School sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within NY. Charities of a similar size with the same main cause include Anderson High School Band Boosters Inc ($109k), Ted Muller Camp Scholarship Fund Inc ($109k) and Stone Ridge Library Foundation Inc ($109k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.1% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $34k (31% of expenses). Other salaries and wages came to $53k. At year end it held assets of $49k against liabilities of $0, net assets of $49k. It reported 8 employees.