Helping Hands Healing Hearts

Analysis

Helping Hands Healing Hearts is a registered charity in United States, based in Sandpoint, ID. It received its IRS tax-exemption ruling in April 2020, 6 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Healing Hearts reported income of $107k and spending of $85k, leaving 20% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $513k to $107k (-79%), an average of -54% a year. The sharpest change came in the year to December 2022, when income dropped by 83%. Over the whole period it spent 30% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Helping Hands Healing Hearts sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within ID. Charities of a similar size with the same main cause include French Christian Mission Inc ($107k), Follow the Need International Inc ($107k) and Betel Romanian Pentecostal Church Foundation ($107k).

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 $31k (36% of expenses). At year end it held assets of $427k against liabilities of $0, net assets of $427k.