Global Hands Inc

Analysis

Global Hands Inc is a registered charity in United States, based in Odenton, MD. It received its IRS tax-exemption ruling in September 2011, 15 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 June 2024, Global Hands Inc reported income of $3.4m and spending of $2.9m, spending 84% of its income. Across the 6 years on record, from December 2019 to June 2024, income grew from $1.2m to $3.4m (+181%), an average of +23% a year. The sharpest change came in the year to June 2023, when income rose by 109%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Global Hands Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within MD. Charities of a similar size with the same main cause include Ratcliff Youth and Family Services ($3.4m), New York Families for Autistic Children Inc ($3.4m) and The@vi and Milton Weinstein Hospice Inc ($3.4m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $489k (17% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $1.2m against liabilities of $49k, net assets of $1.2m.