Helping Hands of Georgetown

Analysis

Helping Hands of Georgetown is a registered charity in United States, based in Georgetown, SC. It received its IRS tax-exemption ruling in February 1990, 36 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 Georgetown reported income of $1.2m and spending of $1.2m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.2m (+1.2%), an average of +0.3% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Helping Hands of Georgetown sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 84th percentile within SC. Charities of a similar size with the same main cause include United Health Services of St Joseph County Inc ($1.2m), Senior Citizen Housing Corporation of Scotch Plains ($1.2m) and Indiana Veteran Initiative Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 102% of the total. Compensation of current officers, directors and key employees was $110k (9.0% of expenses). Other salaries and wages came to $284k. At year end it held assets of $1.2m against liabilities of $413, net assets of $1.2m. It reported 13 employees.