Hands of Hope Resource Center Inc

Analysis

Hands of Hope Resource Center Inc is a registered charity in United States, based in Little Falls, MN. It received its IRS tax-exemption ruling in June 1993, 33 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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 September 2023, Hands of Hope Resource Center Inc reported income of $579k and spending of $592k, spending 102% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $419k to $579k (+38%), an average of +8.4% a year. The sharpest change came in the year to September 2023, when income rose by 16%. Over the whole period it spent 98% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Hands of Hope Resource Center Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within MN. Charities of a similar size with the same main cause include Chelseas Fund ($577k), Exodus Life ($579k) and Anne Arundel County Casa Inc Court Appointed Special Advocates ($577k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $106k (18% of expenses). Other salaries and wages came to $345k. At year end it held assets of $301k against liabilities of $42k, net assets of $259k. It reported 9 employees.