Helps Outreach Inc

Analysis

Helps Outreach Inc is a registered charity in United States, based in Naples, FL. It received its IRS tax-exemption ruling in July 2005, 21 years ago. Its declared purposes cover food, agriculture and nutrition, 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 2023, Helps Outreach Inc reported income of $276k and spending of $246k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $211k to $276k (+31%), an average of +7.0% a year. The sharpest change came in the year to December 2021, when income rose by 43%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Helps Outreach Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 63rd percentile within FL. Charities of a similar size with the same main cause include Bridge of Hope Harrisburg Area ($276k), Little Falls Village ($276k) and Women of Wisdom Wow Tricities ($276k).

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 $98k (40% of expenses). At year end it held assets of $92k against liabilities of $0, net assets of $92k.