Hands of Freedom

Analysis

Hands of Freedom is a registered charity in United States, based in Apple Valley, MN. It received its IRS tax-exemption ruling in January 2005, 21 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 of Freedom reported income of $338k and spending of $226k, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $194k to $338k (+74%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 62%. Over the whole period it spent 60% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Hands of Freedom sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 62nd percentile within MN. Charities of a similar size with the same main cause include Malawi Project Inc ($338k), Zara Initiative ($338k) and Hope for the Fatherless ($337k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.