United Hands Inc

Analysis

United Hands Inc is a registered charity in United States, based in Ocala, FL. It received its IRS tax-exemption ruling in July 1997, 29 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 December 2023, United Hands Inc reported income of $942k and spending of $971k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $942k (-12%), an average of -3.1% a year. The sharpest change came in the year to December 2020, when income dropped by 59%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, United Hands Inc 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 81st percentile within FL. Charities of a similar size with the same main cause include Institute for Transformative Education ($942k), Montessori Accreditation Council for Teacher Education Inc ($942k) and Andrew Jackson Academy ($941k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 36% of the total. Compensation of current officers, directors and key employees was $95k (9.8% of expenses). Other salaries and wages came to $313k. At year end it held assets of $389k against liabilities of $5,871, net assets of $383k. It reported 34 employees.