Help Association Inc

Analysis

Help Association Inc is a registered charity in United States, based in Owings, MD. It received its IRS tax-exemption ruling in September 1999, 27 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Help Association Inc reported income of $248k and spending of $255k, spending 103% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $236k to $248k (+5.3%), an average of +2.6% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Help Association Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within MD. Charities of a similar size with the same main cause include Des Plaines Historical Society ($248k), Ault Park Advisory Council Inc ($248k) and Ashland Community Kitchen Inc ($248k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 3.0% of the total. At year end it held assets of $338k against liabilities of $0, net assets of $338k.