Hands and Feet of Asheville

Analysis

Hands and Feet of Asheville is a registered charity in United States, based in Asheville, NC. It received its IRS tax-exemption ruling in August 2015, 11 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 June 2023, Hands and Feet of Asheville reported income of $62k and spending of $82k, spending 133% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $81k to $62k (-24%), an average of -24% a year. The sharpest change came in the year to June 2023, when income dropped by 24%. Over the whole period it spent 117% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hands and Feet of Asheville sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 22nd percentile within NC. Charities of a similar size with the same main cause include Hopealive268 Inc ($62k), Maxcen Harmers Corporation Mississippi Branch Inc ($62k) and Friends of Donegal ($62k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 64% and program service revenue 36% of the total. At year end it held assets of $34k against liabilities of $2,504, net assets of $32k.