Hands Producing Hope Incorporated

Analysis

Hands Producing Hope Incorporated is a registered charity in United States, based in Baton Rouge, LA. It received its IRS tax-exemption ruling in June 2018, 8 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 2022, Hands Producing Hope Incorporated reported income of $189k and spending of $168k, spending 89% of its income. Across the 2 years on record, from December 2021 to December 2022, income grew from $117k to $189k (+62%), an average of +62% a year. The sharpest change came in the year to December 2022, when income rose by 62%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hands Producing Hope Incorporated sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 51st percentile within LA. Charities of a similar size with the same main cause include Mypfm ($189k), Wounded Healers Ministries Inc ($189k) and Institute for Global Outreach Inc ($189k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 87% of the total. Compensation of current officers, directors and key employees was $17k (9.9% of expenses). Other salaries and wages came to $70k. At year end it held assets of $61k against liabilities of $19k, net assets of $42k. It reported 15 employees.