Ibew Local 134 Helping Hand Charitable Trust

Analysis

Ibew Local 134 Helping Hand Charitable Trust is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in March 2014, 12 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, Ibew Local 134 Helping Hand Charitable Trust reported income of $90k and spending of $101k, spending 112% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $122k to $90k (-26%), an average of -26% a year. The sharpest change came in the year to December 2023, when income dropped by 26%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ibew Local 134 Helping Hand Charitable Trust sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 35th percentile within IL. Charities of a similar size with the same main cause include Southwest Florida Gwi Housing IX Inc ($90k), Bright Beginnings Learning Academy ($90k) and Nursing Foundation of Pennsylvania ($90k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 116% of the total. At year end it held assets of $135k against liabilities of $0, net assets of $135k.