Lake Area Helping Hands Inc

Analysis

Lake Area Helping Hands Inc is a registered charity in United States, based in Camdenton, MO. It received its IRS tax-exemption ruling in September 1994, 32 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Lake Area Helping Hands Inc reported income of $63k and spending of $72k, spending 114% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $63k to $63k (+0.8%), an average of +0.8% a year. Over the whole period it spent 104% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Lake Area Helping Hands Inc sits at the 14th percentile: it is larger than about 14% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 23rd percentile within MO. Charities of a similar size with the same main cause include Southern Indiana Housing Development Corp ($63k), Westside Affordable Housing Inc ($63k) and Brandywine Apartments Inc ($63k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $95k against liabilities of $7,451, net assets of $88k.