Good Hands Foundation

Analysis

Good Hands Foundation is a registered charity in United States, based in Lake Forest, CA. It received its IRS tax-exemption ruling in October 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2024, Good Hands Foundation reported income of $112k and spending of $115k, spending 103% of its income. Across the 2 years on record, from August 2023 to August 2024, income grew from $89k to $112k (+25%), an average of +25% a year. The sharpest change came in the year to August 2024, when income rose by 25%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Good Hands Foundation sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 42nd percentile within CA. Charities of a similar size with the same main cause include Road Runners Club of America ($112k), Christian Helplines Inc ($112k) and Friends of Massillon Public Library ($112k).

On its Form 990-EZ for the period ending August 2024, revenue came from contributions and grants 29% and program service revenue 71% of the total. At year end it held assets of $59k against liabilities of $0, net assets of $59k.