Heart and Hand Society Inc

Analysis

Heart and Hand Society Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 1985, 41 years ago. 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, Heart and Hand Society Inc reported income of $69k and spending of $63k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $72k to $69k (-4.1%), an average of -4.1% a year. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Heart and Hand Society Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within NY. Charities of a similar size with the same main cause include El Dorado Service League Inc ($69k), 409 Grand Avenue Housing Development Fund Corporation ($69k) and PTA California Congress of Parents Teachers & Students Inc ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $25k against liabilities of $18k, net assets of $7,282.