Helping Hands Network

Analysis

Helping Hands Network is a registered charity in United States, based in Waynesburg, OH. It received its IRS tax-exemption ruling in May 1983, 43 years ago. 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, Helping Hands Network reported income of $100k and spending of $87k, spending 87% of its income. Across the 2 years on record, from September 2022 to September 2023, income grew from $72k to $100k (+40%), an average of +40% a year. The sharpest change came in the year to September 2023, when income rose by 40%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Helping Hands Network sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 37th percentile within OH. Charities of a similar size with the same main cause include Future Farmers of America and Its State Associations & Local Chapter ($100k), Global Cooperation for Advancement Inc ($100k) and Bedford Township Veterans Committee ($100k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $207k against liabilities of $0, net assets of $207k.