Morgan Auto Group Helping Hand Fund Inc

Analysis

Morgan Auto Group Helping Hand Fund Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in January 2009, 17 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, Morgan Auto Group Helping Hand Fund Inc reported income of $236k and spending of $197k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $188k to $236k (+25%), an average of +5.8% a year. The sharpest change came in the year to December 2022, when income rose by 233%. Over the whole period it spent 68% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Morgan Auto Group Helping Hand Fund Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within FL. Charities of a similar size with the same main cause include Kalamazoo Alternative Housing Inc ($236k), Wyoming Families for Hands & Voices ($236k) and Greater San Marcos Area Seniors Association Inc ($236k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $737k against liabilities of $0, net assets of $737k.