Helping Hand Crisis Ministry of Spicewood

Analysis

Helping Hand Crisis Ministry of Spicewood is a registered charity in United States, based in Spicewood, TX. It received its IRS tax-exemption ruling in July 2008, 18 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 Hand Crisis Ministry of Spicewood reported income of $199k and spending of $243k, spending 122% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $410k to $199k (-52%), an average of -52% a year. The sharpest change came in the year to December 2023, when income dropped by 52%. Over the whole period it spent 69% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Helping Hand Crisis Ministry of Spicewood sits at the 48th percentile: it is larger than about 48% 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 Audubon County Agricultural Society ($199k), Alliance for Progress ($199k) and Austin Region Jfon ($199k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $365k against liabilities of $323, net assets of $365k.