The Helping Hand

Analysis

The Helping Hand is a registered charity in United States, based in Indianola, IA. It received its IRS tax-exemption ruling in July 1983, 43 years ago. 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, The Helping Hand reported income of $410k and spending of $375k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $181k to $410k (+126%), an average of +23% a year. The sharpest change came in the year to December 2020, when income rose by 353%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Helping Hand sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 70th percentile within IA. Charities of a similar size with the same main cause include Effective Counseling Solutions ($410k), International Black Womens Congress Inc ($410k) and Pennsylvania Elks Major Project Trust Fund ($410k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 9.4% of the total. Other salaries and wages came to $42k. At year end it held assets of $994k against liabilities of $929, net assets of $993k. It reported 3 employees.