Handup Ministries

Analysis

Handup Ministries is a registered charity in United States, based in Montgomery, TX. It received its IRS tax-exemption ruling in May 2021, 5 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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, Handup Ministries reported income of $63k and spending of $64k, spending 102% of its income. Across the 6 years on record, from December 2016 to December 2023, income fell from $244k to $63k (-74%), an average of -24% a year. The sharpest change came in the year to December 2021, when income dropped by 64%. Over the whole period it spent 110% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Handup Ministries sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 26th percentile within TX. Charities of a similar size with the same main cause include Cassidy Joined for Hope Inc ($63k), Chico Pee Wee Association NFP ($63k) and Love on a Mission ($63k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $4,056 against liabilities of $1,366, net assets of $2,690.

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.