Hearts and Hands Faith in Action
Analysis
Hearts and Hands Faith in Action is a registered charity in United States, based in Williamsville, NY. It received its IRS tax-exemption ruling in July 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Hearts and Hands Faith in Action reported income of $518k and spending of $439k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $492k to $518k (+5.3%), an average of +1.3% a year. Over the whole period it spent 92% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hearts and Hands Faith in Action 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 71st percentile, and in the 67th percentile within NY. Charities of a similar size with the same main cause include Laundry Workers Center Inc ($518k), Bar Harbor Food Pantry ($518k) and Mano Amiga SM ($518k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 63% of the total. Compensation of current officers, directors and key employees was $80k (18% of expenses). Other salaries and wages came to $135k. At year end it held assets of $557k against liabilities of $6,596, net assets of $550k. It reported 12 employees.
Income and spending
Where the income comes from
- Contributions & grants 31%
- Program services 63%
- Other 5.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Laundry Workers Center Inc | New York | $518k |
| Bar Harbor Food Pantry | Bar Harbor | $518k |
| Mano Amiga SM | San Marcos | $518k |
| Fosters Child Care & Dev Ctr Inc | Charleston | $518k |