Helping Hands Community Partners Inc

Analysis

Helping Hands Community Partners Inc is a registered charity in United States, based in Medfield, MA. It received its IRS tax-exemption ruling in February 2013, 13 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Helping Hands Community Partners Inc reported income of $1.7m and spending of $1.7m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.0m to $1.7m (-11%), an average of -2.8% a year. The sharpest change came in the year to December 2021, when income rose by 50%. Over the whole period it spent 104% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Helping Hands Community Partners Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within MA. Charities of a similar size with the same main cause include Focus on Home Inc ($1.7m), Goodheart Housing Development Fund Company Inc ($1.8m) and Shalom Housing Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $73k. At year end it held assets of $2.7m against liabilities of $1.1m, net assets of $1.6m. It reported 6 employees.