Transparent Hands Foundation US Inc

Analysis

Transparent Hands Foundation US Inc is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in September 2015, 11 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 2023, Transparent Hands Foundation US Inc reported income of $585k and spending of $570k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $226k to $585k (+158%), an average of +27% a year. The sharpest change came in the year to December 2020, when income rose by 143%. Over the whole period it spent 99% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Transparent Hands Foundation US Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within VA. Charities of a similar size with the same main cause include Hands in Outreach Inc ($584k), Junior Achievement USA ($585k) and Amazon Relief ($583k).

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 $42k (7.4% of expenses). At year end it held assets of $60k against liabilities of $14k, net assets of $46k. It reported 1 employees.