Hand2hand

Analysis

Hand2hand is a registered charity in United States, based in Jenison, MI. It received its IRS tax-exemption ruling in September 2011, 15 years ago. Its declared purposes cover food, agriculture and nutrition, 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, Hand2hand reported income of $4.5m and spending of $4.3m, spending 96% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.9m to $4.5m (+137%), an average of +19% a year. The sharpest change came in the year to June 2020, when income rose by 53%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hand2hand sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within MI. Charities of a similar size with the same main cause include Guardians of Love ($4.5m), Our Lady of Life Apartments Inc ($4.5m) and Homes by TLC Inc ($4.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 89% of the total. Compensation of current officers, directors and key employees was $66k (1.5% of expenses). Other salaries and wages came to $750k. At year end it held assets of $4.4m against liabilities of $28k, net assets of $4.3m. It reported 27 employees.