Helping Hand Foundation

Analysis

Helping Hand Foundation is a registered charity in United States, based in Countryside, IL. It received its IRS tax-exemption ruling in May 2002, 24 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Helping Hand Foundation reported income of $5.1m and spending of $411k, leaving 92% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.2m to $5.1m (+313%), an average of +43% a year. The sharpest change came in the year to June 2023, when income rose by 492%. Over the whole period it spent 54% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Helping Hand Foundation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within IL. Charities of a similar size with the same main cause include Center for Aging and Rehabilitation of Greenville Inc ($5.1m), Americus & Sumter County Hospital Authority ($5.1m) and New Horizon Institute Inc ($5.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 86% and program service revenue 12% of the total. At year end it held assets of $13.7m against liabilities of $897k, net assets of $12.8m.