24 Hour Fitness Helping Hands Foundation

Analysis

24 Hour Fitness Helping Hands Foundation is a registered charity in United States, based in Carlsbad, CA. It received its IRS tax-exemption ruling in February 2012, 14 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, 24 Hour Fitness Helping Hands Foundation reported income of $129k and spending of $102k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $203k to $129k (-37%), an average of -11% a year. The sharpest change came in the year to December 2020, when income dropped by 66%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, 24 Hour Fitness Helping Hands Foundation sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 45th percentile within CA. Charities of a similar size with the same main cause include Kpets-Keystone Pet Enhanced Therapy Services ($129k), L Maan Yerushalayim Inc ($129k) and Kimball Glassco Residential Center Inc ($129k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% of the total. At year end it held assets of $773k against liabilities of $9,518, net assets of $764k.