Hands for Life

Analysis

Hands for Life is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in July 2015, 11 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 for Life reported income of $98k and spending of $106k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $109k to $98k (-10%), an average of -2.7% a year. Over the whole period it spent 103% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Hands for Life sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 34th percentile within AZ. Charities of a similar size with the same main cause include Wyoming Hospitality and Travel Coal Ition Education Foundation ($98k), Gerhardt Neighborhood Outreach Center Inc ($98k) and The Ohio State University ($98k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $72k (68% of expenses). At year end it held assets of $94k against liabilities of $0, net assets of $94k. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.