Helping Hands for Honduras Inc

Analysis

Helping Hands for Honduras Inc is a registered charity in United States, based in Virginia BCH, VA. It received its IRS tax-exemption ruling in May 2001, 25 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 for Honduras Inc reported income of $192k and spending of $185k, spending 96% of its income. Across the 3 years on record, from December 2019 to December 2023, income fell from $218k to $192k (-12%), an average of -6.0% a year. The sharpest change came in the year to December 2023, when income rose by 146%. Over the whole period it spent 124% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Helping Hands for Honduras Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 52nd percentile within VA. Charities of a similar size with the same main cause include Engineers Without Borders- International ($192k), Oxus Society for Central Asian Affairs ($192k) and Because of Hope ($192k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $121k against liabilities of $1,142, net assets of $120k.