Hands of Love Ministry

Analysis

Hands of Love Ministry is a registered charity in United States, based in Washington, IL. It received its IRS tax-exemption ruling in January 2000, 26 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 August 2023, Hands of Love Ministry reported income of $671k and spending of $489k, leaving 27% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $287k to $671k (+134%), an average of +24% a year. The sharpest change came in the year to August 2022, when income rose by 40%. Over the whole period it spent 89% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Hands of Love Ministry sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within IL. Charities of a similar size with the same main cause include Outreach Map ($671k), International Christian Mission Services ($671k) and Grace Reigns Inc ($671k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 67% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $96k (20% of expenses). At year end it held assets of $96k against liabilities of $0, net assets of $96k.