Helpmates Inc

Analysis

Helpmates Inc is a registered charity in United States, based in St Marys, PA. It received its IRS tax-exemption ruling in October 2020, 6 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 June 2022, Helpmates Inc reported income of $5.9m and spending of $7.3m, spending 123% of what it took in. Across the 2 years on record, from June 2021 to June 2022, income fell from $9.4m to $5.9m (-37%), an average of -37% a year. The sharpest change came in the year to June 2022, when income dropped by 37%. Over the whole period it spent 110% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Helpmates Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within PA. Charities of a similar size with the same main cause include Big Brothers-Big Sisters of Metropolitan Chicago ($5.9m), Northwest Organization for Animal Help ($5.9m) and Association for Computational Linguistics Inc ($5.9m).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 1.3% and program service revenue 99% of the total. Other salaries and wages came to $4.1m. At year end it held assets of $6.6m against liabilities of $1.7m, net assets of $4.9m. It reported 596 employees.