Hands of Friendship Mission Inc
Analysis
Hands of Friendship Mission Inc is a registered charity in United States, based in New Prague, MN. It received its IRS tax-exemption ruling in October 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 2022, Hands of Friendship Mission Inc reported income of $71k and spending of $71k, spending 99% of its income. Across the 2 years on record, from December 2021 to December 2022, income fell from $81k to $71k (-12%), an average of -12% a year. Over the whole period it spent 98% 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 Friendship Mission Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 25th percentile within MN. Charities of a similar size with the same main cause include Akadimi Foundation ($71k), Hope Charity Foundation Inc ($71k) and Grace Mission to the World Inc ($71k).
On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $8,915 against liabilities of $0, net assets of $8,915.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Akadimi Foundation | Minnetonka | $71k |
| Hope Charity Foundation Inc | Torrance | $71k |
| Grace Mission to the World Inc | West Palm BCH | $71k |
| Melissas Hope Foundation Inc | Saint Louis | $71k |