Radiant Hands Inc

Analysis

Radiant Hands Inc is a registered charity in United States, based in Temple Terr, FL. It received its IRS tax-exemption ruling in March 2006, 20 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Radiant Hands Inc reported income of $856k and spending of $881k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $436k to $856k (+97%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 78%. Over the whole period it spent 95% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Radiant Hands Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 79th percentile within FL. Charities of a similar size with the same main cause include Beautification Council ($856k), Belleville Non-Profit Housing Coproration ($856k) and Growth Factory ($856k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 7.8% of the total. Compensation of current officers, directors and key employees was $69k (7.8% of expenses). Other salaries and wages came to $217k. It paid $7,821 in professional fundraising fees. At year end it held assets of $339k against liabilities of $13k, net assets of $327k. It reported 5 employees.