Hands Giving Hope

Analysis

Hands Giving Hope is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in January 2012, 14 years ago. Its declared purposes cover food, agriculture and nutrition, 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 September 2023, Hands Giving Hope reported income of $240k and spending of $249k, spending 104% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $241k to $240k (-0.5%), an average of -0.1% a year. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hands Giving Hope sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within AZ. Charities of a similar size with the same main cause include Capital Area Coalition on Homelessness ($240k), Leitersburg Ruritan Community Center Inc ($240k) and Clinton County Senior Action Council & Oats Committee ($240k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. It paid $434 in professional fundraising fees. At year end it held assets of $39k against liabilities of $3,848, net assets of $35k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.