Davenport Lend a Hand Club

Analysis

Davenport Lend a Hand Club is a registered charity in United States, based in Davenport, IA. It received its IRS tax-exemption ruling in April 1937, 89 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Davenport Lend a Hand Club reported income of $81k and spending of $26k, leaving 67% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $74k to $81k (+10%), an average of +2.5% a year. The sharpest change came in the year to December 2023, when income rose by 203%. Over the whole period it spent 64% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Davenport Lend a Hand Club sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 30th percentile within IA. Charities of a similar size with the same main cause include Nursing Acts of Kindness ($81k), Osage Valley Electric Community Trust ($81k) and Wichita Rotary Charitable Fund Inc ($81k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.7% and program service revenue 11% of the total. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.