Supporting Hands Inc

Analysis

Supporting Hands Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in September 2006, 20 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, Supporting Hands Inc reported income of $120k and spending of $92k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $138k to $120k (-13%), an average of -13% a year. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Supporting Hands Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 45th percentile within TX. Charities of a similar size with the same main cause include Guadalupe Hope Society ($120k), Backing the Blue Line Inc ($120k) and Twin Cities Retrouvaille ($120k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $60k against liabilities of $22k, net assets of $38k.