Operation Helping Hand Inc

Analysis

Operation Helping Hand Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in May 2007, 19 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 December 2023, Operation Helping Hand Inc reported income of $97k and spending of $189k, spending 194% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $175k to $97k (-44%), an average of -14% a year. The sharpest change came in the year to December 2020, when income dropped by 35%. Over the whole period it spent 133% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Operation Helping Hand Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 40th percentile within FL. Charities of a similar size with the same main cause include Lewis County United Methodist Ministries ($97k), Icare Inc ($97k) and Helping Hand Ministry ($97k).

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 $99k against liabilities of $1,493, net assets of $98k.