Heart and Hand for the Handicapped

Analysis

Heart and Hand for the Handicapped is a registered charity in United States, based in Flushing, NY. It received its IRS tax-exemption ruling in July 1974, 52 years ago. 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, Heart and Hand for the Handicapped reported income of $193k and spending of $330k, spending 170% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $243k to $193k (-20%), an average of -5.5% a year. The sharpest change came in the year to December 2023, when income dropped by 37%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Heart and Hand for the Handicapped sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 50th percentile within NY. Charities of a similar size with the same main cause include Hopkins County United Fund ($193k), Scottsdale Unified School District Foundation ($193k) and Pregnancy Options Lifecare Center ($193k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $453k against liabilities of $3,773, net assets of $449k.