1house2hands Inc
Analysis
1house2hands Inc is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in October 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, 1house2hands Inc reported income of $1.6m and spending of $1.6m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $1.6m (+20%), an average of +4.7% a year. The sharpest change came in the year to June 2022, when income rose by 24%. Over the whole period it spent 128% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, 1house2hands Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within MN. Charities of a similar size with the same main cause include Learning to Serve ($1.6m), Eel River Charter School ($1.6m) and Educational Properties Inc ($1.6m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.8% and program service revenue 60% of the total. At year end it held assets of $14.0m against liabilities of $14.8m, net assets of -$807k.
Income and spending
Where the income comes from
- Contributions & grants 1.8%
- Program services 60%
- Other 38%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Learning to Serve | Alpharetta | $1.6m |
| Eel River Charter School | Covelo | $1.6m |
| Educational Properties Inc | Brooklyn Park | $1.6m |
| Grace Leadership Preparatory Institute | Jupiter | $1.6m |