Helpers Fund

Analysis

Helpers Fund is a registered charity in United States, based in Chestertown, NY. It received its IRS tax-exemption ruling in February 1998, 28 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, Helpers Fund reported income of $84k and spending of $82k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $69k to $84k (+23%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 109% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Helpers Fund sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 32nd percentile within NY. Charities of a similar size with the same main cause include Excalibur Leisure Skills Center Inc ($84k), Greater Fall River Community Food Pantry Inc ($84k) and Haneys Harvest House Inc ($84k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 44% of the total. At year end it held assets of $148k against liabilities of $1,178, net assets of $147k.