Hands and Feet Project Inc

Analysis

Hands and Feet Project Inc is a registered charity in United States, based in Columbia, TN. It received its IRS tax-exemption ruling in February 2005, 21 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, Hands and Feet Project Inc reported income of $2.0m and spending of $2.2m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $2.0m (+42%), an average of +9.2% a year. The sharpest change came in the year to December 2021, when income rose by 37%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hands and Feet Project Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within TN. Charities of a similar size with the same main cause include Elizabeth Coalition to House the Homeless Inc ($2.0m), Community Treehouse Center Detroit ($2.0m) and Achieve WNC ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 4.0% of the total. Compensation of current officers, directors and key employees was $116k (5.3% of expenses). Other salaries and wages came to $512k. At year end it held assets of $4.6m against liabilities of $102k, net assets of $4.5m. It reported 12 employees.