Helping Hands Hawaii

Analysis

Helping Hands Hawaii is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in May 1974, 52 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 Hands Hawaii reported income of $3.2m and spending of $2.4m, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.4m to $3.2m (+33%), an average of +7.3% a year. The sharpest change came in the year to December 2023, when income rose by 40%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Helping Hands Hawaii sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within HI. Charities of a similar size with the same main cause include Cambridge Community Center ($3.2m), The Kindersmile Foundation ($3.2m) and Home of Hope ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $114k (4.7% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $11.4m against liabilities of $6.6m, net assets of $4.7m. It reported 76 employees.