Helping Hands East Bay

Analysis

Helping Hands East Bay is a registered charity in United States, based in Alameda, CA. It received its IRS tax-exemption ruling in February 2016, 10 years ago. Its declared purposes cover human services, 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 June 2023, Helping Hands East Bay reported income of $1.0m and spending of $888k, spending 88% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $833k to $1.0m (+21%), an average of +6.5% a year. The sharpest change came in the year to June 2021, when income rose by 31%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Helping Hands East Bay sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include Family Annex Inc ($1.0m), In Her Shoes Inc ($1.0m) and Young Mens Christian Association of Fort Madison Iowa ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 29% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $73k (8.2% of expenses). Other salaries and wages came to $540k. At year end it held assets of $995k against liabilities of $75k, net assets of $920k. It reported 18 employees.