Helping Hands Inc

Analysis

Helping Hands Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in December 1995, 31 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 March 2024, Helping Hands Inc reported income of $327k and spending of $306k, spending 94% of its income. Across the 5 years on record, from March 2020 to March 2024, income fell from $346k to $327k (-5.7%), an average of -1.5% a year. The sharpest change came in the year to March 2024, when income rose by 38%. Over the whole period it spent 98% 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 Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 62nd percentile within NC. Charities of a similar size with the same main cause include Develop Sustainability Org ($326k), Identity Mission ($327k) and Friends of Kakamega ($326k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $36k against liabilities of $0, net assets of $36k.