Hands of Grace Guatemala Inc

Analysis

Hands of Grace Guatemala Inc is a registered charity in United States, based in Noblesville, IN. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Hands of Grace Guatemala Inc reported income of $233k and spending of $225k, spending 97% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $298k to $233k (-22%), an average of -7.9% a year. The sharpest change came in the year to December 2021, when income dropped by 29%. Over the whole period it spent 76% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Hands of Grace Guatemala Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 56th percentile within IN. Charities of a similar size with the same main cause include Global Signet Group Inc ($232k), Trade Routes Collective Inc ($233k) and Marked by Heaven ($232k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $60k (27% of expenses). At year end it held assets of $310k against liabilities of $1,760, net assets of $308k. It reported 1 employees.