Help Out Center Inc

Analysis

Help Out Center Inc is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in March 2017, 9 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 December 2023, Help Out Center Inc reported income of $5.2m and spending of $5.1m, spending 99% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $1.6m to $5.2m (+219%), an average of +79% a year. The sharpest change came in the year to December 2023, when income rose by 151%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Help Out Center Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within TX. Charities of a similar size with the same main cause include Asian Americans Advancing Justice Atlanta Inc ($5.2m), Meals on Wheels Ministry Inc ($5.2m) and Stateline Family Young Mens Christian Association Inc ($5.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $38k (0.7% of expenses). Other salaries and wages came to $92k. At year end it held assets of $175k against liabilities of $35k, net assets of $139k. It reported 6 employees.