Helping Hand Rescue Mission

Analysis

Helping Hand Rescue Mission is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in May 1970, 56 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Helping Hand Rescue Mission reported income of $294k and spending of $256k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $317k to $294k (-7.2%), an average of -1.9% a year. The sharpest change came in the year to December 2021, when income dropped by 25%. Over the whole period it spent 67% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Helping Hand Rescue Mission sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 59th percentile within PA. Charities of a similar size with the same main cause include Family Career and Community Leaders of America Inc ($294k), Mercer County Fellowship Home Inc ($294k) and Murrieta National Little League Inc ($294k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $42k (16% of expenses). Other salaries and wages came to $84k. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m. It reported 12 employees.