Tiqvah Hands of Hope

Analysis

Tiqvah Hands of Hope is a registered charity in United States, based in Canton, OH. It received its IRS tax-exemption ruling in January 2010, 16 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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 June 2023, Tiqvah Hands of Hope reported income of $359k and spending of $242k, leaving 32% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $275k to $359k (+30%), an average of +9.3% a year. The sharpest change came in the year to June 2023, when income rose by 165%. Over the whole period it spent 92% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Tiqvah Hands of Hope sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within OH. Charities of a similar size with the same main cause include Beyond the Game ($359k), Seeds of Fortune ($359k) and Wanda Joyce Robinson Foundation ($359k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $55k (23% of expenses). Other salaries and wages came to $121k. At year end it held assets of $224k against liabilities of $0, net assets of $224k. It reported 22 employees.