Helping Hands of Kilgore

Analysis

Helping Hands of Kilgore is a registered charity in United States, based in Kilgore, TX. It received its IRS tax-exemption ruling in November 2007, 19 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, Helping Hands of Kilgore reported income of $203k and spending of $143k, leaving 30% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income fell from $204k to $203k (-0.2%), an average of -0.1% a year. The sharpest change came in the year to December 2022, when income rose by 68%. Over the whole period it spent 60% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Helping Hands of Kilgore sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within TX. Charities of a similar size with the same main cause include Healing House ($203k), Monocacy Farms ($203k) and Sharing & Caring ($203k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $33k (23% of expenses). Other salaries and wages came to $13k. At year end it held assets of $671k against liabilities of $1,442, net assets of $670k. It reported 1 employees.