Helping Hands Ministries Inc

Analysis

Helping Hands Ministries Inc is a registered charity in United States, based in Slippery Rock, PA. It received its IRS tax-exemption ruling in April 1980, 46 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, Helping Hands Ministries Inc reported income of $64k and spending of $54k, spending 84% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $51k to $64k (+25%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 422%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Helping Hands Ministries Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 24th percentile within PA. Charities of a similar size with the same main cause include Camp Marc Inc ($64k), Friends of the Kettle Moraine State Forest Souther Unit ($64k) and Blackhawk Booster Club Inc ($64k).

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 $30k (55% of expenses). At year end it held assets of $10k against liabilities of $0, net assets of $10k. It reported 2 employees.