Helping Hand Developmentel Center Inc

Analysis

Helping Hand Developmentel Center Inc is a registered charity in United States, based in E Flat Rock, NC. It received its IRS tax-exemption ruling in June 1975, 51 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Hand Developmentel Center Inc reported income of $678k and spending of $802k, spending 118% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $767k to $678k (-12%), an average of -3.0% a year. The sharpest change came in the year to June 2021, when income dropped by 27%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Helping Hand Developmentel Center Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within NC. Charities of a similar size with the same main cause include Public Defenders Corporation 11th Judicial Circuit ($678k), Applied Life Ministries Inc ($678k) and Malama Learning Center ($678k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 86% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $93k (12% of expenses). Other salaries and wages came to $409k. At year end it held assets of $115k against liabilities of $0, net assets of $115k. It reported 15 employees.