Hand in Hand USA

Analysis

Hand in Hand USA is a registered charity in United States, based in Oak Brook, IL. It received its IRS tax-exemption ruling in August 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Hand in Hand USA reported income of $649k and spending of $377k, leaving 42% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $640k to $649k (+1.4%), an average of +0.4% a year. The sharpest change came in the year to December 2022, when income dropped by 37%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hand in Hand USA sits at the 71st percentile: it is larger than about 71% 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 Fred T Korematsu Institute ($649k), Innovative Quality Schools ($649k) and Teach for Bangladesh ($648k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $602k against liabilities of $0, net assets of $602k.