Helping Hands Pottery Inc

Analysis

Helping Hands Pottery Inc is a registered charity in United States, based in Sherman, TX. It received its IRS tax-exemption ruling in February 2017, 9 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Helping Hands Pottery Inc reported income of $84k and spending of $50k, leaving 40% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $28k to $84k (+195%), an average of +195% a year. The sharpest change came in the year to December 2023, when income rose by 195%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Helping Hands Pottery Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 34th percentile within TX. Charities of a similar size with the same main cause include Sunshine Therapeutic Riding Center Inc ($84k), Beautiful Gate Inc ($84k) and Decesaris-Prout Cancer Foundation Inc ($84k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 70% of the total. At year end it held assets of $39k against liabilities of $0, net assets of $39k.