Helping Hands of Franklin County in

Analysis

Helping Hands of Franklin County in is a registered charity in United States, based in Rocky Mount, VA. It received its IRS tax-exemption ruling in April 1997, 29 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, Helping Hands of Franklin County in reported income of $84k and spending of $94k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $91k to $84k (-7.0%), an average of -1.8% a year. The sharpest change came in the year to December 2020, when income rose by 21%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Helping Hands of Franklin County in sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 32nd percentile within VA. Charities of a similar size with the same main cause include Benefit Shop ($84k), Duha Foundation ($84k) and The Community Law Enforcement Foundation of Morgan Hill Inc ($84k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $12k (12% of expenses). At year end it held assets of $35k against liabilities of $0, net assets of $35k. It reported 1 employees.