Lending Hands Foundation

Analysis

Lending Hands Foundation is a registered charity in United States, based in Lima, OH. It received its IRS tax-exemption ruling in May 2014, 12 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Lending Hands Foundation reported income of $62k and spending of $73k, spending 118% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $58k to $62k (+5.9%), an average of +2.9% a year. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lending Hands Foundation 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 24th percentile, and in the 25th percentile within OH. Charities of a similar size with the same main cause include Love in Action Inc ($62k), Box 414 Association Inc ($62k) and Avon Grove Recreation Association ($62k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $10k against liabilities of $0, net assets of $10k.