Helping Hands Foundation

Analysis

Helping Hands Foundation is a registered charity in United States, based in Daleville, AL. It received its IRS tax-exemption ruling in February 2018, 8 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Helping Hands Foundation reported income of $454k and spending of $452k, spending 99% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $257k to $454k (+77%), an average of +33% a year. The sharpest change came in the year to December 2023, when income rose by 76%. Over the whole period it spent 102% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Helping Hands Foundation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within AL. Charities of a similar size with the same main cause include Inspiring Community ($454k), Chochmas Lev ($455k) and Greater Cedarburg Foundation Inc ($454k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $74k against liabilities of $0, net assets of $74k.