Stop & Shop Giant Helping Hands Inc

Analysis

Stop & Shop Giant Helping Hands Inc is a registered charity in United States, based in Quincy, MA. It received its IRS tax-exemption ruling in January 2010, 16 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 September 2023, Stop & Shop Giant Helping Hands Inc reported income of $81k and spending of $44k, leaving 45% of income unspent that year. Across the 4 years on record, from September 2019 to September 2023, income fell from $95k to $81k (-15%), an average of -5.2% a year. The sharpest change came in the year to September 2021, when income rose by 504%. Over the whole period it spent 31% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Stop & Shop Giant Helping Hands Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 39th percentile within MA. Charities of a similar size with the same main cause include Operation Love Inc ($80k), Shepherds Hand Community Outreach Center ($81k) and Rebecca Residence Foundation ($80k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 62% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.