Blessing Hands Inc

Analysis

Blessing Hands Inc is a registered charity in United States, based in Morehead, KY. It received its IRS tax-exemption ruling in July 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. 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 July 2024, Blessing Hands Inc reported income of $214k and spending of $165k, leaving 23% of income unspent that year. Across the 5 years on record, from July 2020 to July 2024, income fell from $216k to $214k (-1.0%), an average of -0.3% a year. The sharpest change came in the year to July 2022, when income rose by 61%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Blessing Hands Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within KY. Charities of a similar size with the same main cause include Tates School of Discovery Foundation ($214k), Woodside Nursery School ($214k) and Maui Tomorrow Foundation Inc ($213k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 83% of the total. Other salaries and wages came to $31k. It paid $690 in professional fundraising fees. At year end it held assets of $179k against liabilities of $84k, net assets of $95k. It reported 1 employees.