Lending Helping Hands to Others

Analysis

Lending Helping Hands to Others is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in December 2005, 21 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Lending Helping Hands to Others reported income of $224k and spending of $224k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $251k to $224k (-11%), an average of -2.8% a year. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Lending Helping Hands to Others sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 60th percentile within TX. Charities of a similar size with the same main cause include Forward Training Center of Hood County ($224k), Wall of Honor Inc ($224k) and Glenwood Springs Chamber Foundation ($224k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $116k (52% of expenses). Other salaries and wages came to $1,070. At year end it held assets of $1,354 against liabilities of $0, net assets of $1,354. It reported 12 employees.