Gifted Hands

Analysis

Gifted Hands is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 2004, 22 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 March 2024, Gifted Hands reported income of $81k and spending of $75k, spending 93% of its income. Across the 2 years on record, from March 2023 to March 2024, income grew from $65k to $81k (+26%), an average of +26% a year. The sharpest change came in the year to March 2024, when income rose by 26%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Gifted Hands sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 32nd percentile within NY. Charities of a similar size with the same main cause include Experimental Film Virginia ($81k), Chorale Acadienne Inc ($81k) and Demolay International ($81k).

On its Form 990-EZ for the period ending March 2024, revenue came from contributions and grants 87% and program service revenue 13% of the total. At year end it held assets of $22k against liabilities of $0, net assets of $22k.