Jacks Helping Hand Inc

Analysis

Jacks Helping Hand Inc is a registered charity in United States, based in SN Luis Obisp, CA. It received its IRS tax-exemption ruling in June 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, Jacks Helping Hand Inc reported income of $1.4m and spending of $584k, leaving 59% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.4m (+38%), an average of +8.5% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 44% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jacks Helping Hand Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include PTA of Ps154 Brooklyn Inc ($1.4m), Clery Center for Security on Campus ($1.4m) and New York United Jewish Association Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% of the total. Compensation of current officers, directors and key employees was $56k (9.6% of expenses). Other salaries and wages came to $129k. At year end it held assets of $8.5m against liabilities of $25k, net assets of $8.5m. It reported 6 employees.