Community Helping Hand

Analysis

Community Helping Hand is a registered charity in United States, based in Forest Lake, MN. It received its IRS tax-exemption ruling in July 1979, 47 years ago. 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, Community Helping Hand reported income of $84k and spending of $169k, spending 200% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $139k to $84k (-39%), an average of -39% a year. The sharpest change came in the year to December 2023, when income dropped by 39%. Over the whole period it spent 168% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Community Helping Hand sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 29th percentile within MN. Charities of a similar size with the same main cause include National Ambucs Inc ($84k), Hastings Education Enrichment Foundation ($84k) and PTA Missouri Congress ($84k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 44% of the total. At year end it held assets of $427k against liabilities of $88k, net assets of $339k.