Deming Helping Hand Inc

Analysis

Deming Helping Hand Inc is a registered charity in United States, based in Deming, NM. It received its IRS tax-exemption ruling in November 2004, 22 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, Deming Helping Hand Inc reported income of $197k and spending of $251k, spending 128% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $200k to $197k (-1.8%), an average of -0.5% a year. The sharpest change came in the year to December 2023, when income dropped by 21%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Deming Helping Hand Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within NM. Charities of a similar size with the same main cause include Milledgeville-Baldwin County Allied Arts Inc ($197k), Cenla Alliance for Animals Inc ($197k) and Dante University of America Foundation Inc ($197k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. Other salaries and wages came to $161k. At year end it held assets of $90k against liabilities of $0, net assets of $90k. It reported 19 employees.