Monroe County Helping Hand

Analysis

Monroe County Helping Hand is a registered charity in United States, based in Waterloo, IL. It received its IRS tax-exemption ruling in June 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Monroe County Helping Hand reported income of $212k and spending of $218k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $200k to $212k (+6.0%), an average of +6.0% a year. Over the whole period it spent 112% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Monroe County Helping Hand sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within IL. Charities of a similar size with the same main cause include Telluride Preschool Inc ($211k), Columbia Interfaith Resource Center ($212k) and Larry M Trice Sr Community Outreach Services ($211k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.9% and program service revenue 99% of the total. Other salaries and wages came to $91k. At year end it held assets of $18k against liabilities of $1,240, net assets of $17k. It reported 7 employees.