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1house2hands Inc

RegisteredEIN 20-1699663Saint Paul, MNEducation and training
Income$1.6m2023-06
Spending$1.6msame year
Spent / received128%5-year average
Size in its cause80th pctEducation and training
Exempt since2005Supporting organisation
Employees0latest return

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

$0$724k$1.4m$2.2m$2.9m2019 Income: $1,330,6652019 Spending: $2,895,47020192020 Income: $1,320,7282020 Spending: $1,354,16720202021 Income: $1,152,5122021 Spending: $1,355,19420212022 Income: $1,424,3332022 Spending: $1,522,00320222023 Income: $1,597,9322023 Spending: $1,594,3292023
IncomeSpending

Where the income comes from

  • Contributions & grants 1.8%
  • Program services 60%
  • Other 38%

Similar-sized charities, same cause

CharityLocationIncome
Learning to ServeAlpharetta$1.6m
Eel River Charter SchoolCovelo$1.6m
Educational Properties IncBrooklyn Park$1.6m
Grace Leadership Preparatory InstituteJupiter$1.6m