Helping Hands for Freedom

Analysis

Helping Hands for Freedom is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in December 2008, 18 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 for Freedom reported income of $269k and spending of $312k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $308k to $269k (-13%), an average of -3.3% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 111% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Helping Hands for Freedom sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within AZ. Charities of a similar size with the same main cause include Reimagine Mack Road Foundation ($269k), Chelan Senior Center ($269k) and Creekside Housing Corporation ($269k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 63% of the total. Compensation of current officers, directors and key employees was $66k (21% of expenses). At year end it held assets of $44k against liabilities of $138k, net assets of -$93k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.