Hand Up Inc

Analysis

Hand Up Inc is a registered charity in United States, based in Calhoun, GA. It received its IRS tax-exemption ruling in July 1974, 52 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, Hand Up Inc reported income of $1.4m and spending of $1.3m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.4m (+17%), an average of +4.1% a year. The sharpest change came in the year to December 2021, when income rose by 66%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hand Up Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 86th percentile within GA. Charities of a similar size with the same main cause include Leaders of Texas Foundation Inc ($1.4m), Migrant and Immigrant Community Action Project ($1.4m) and Beacons Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $65k (4.9% of expenses). Other salaries and wages came to $255k. At year end it held assets of $1.7m against liabilities of $33k, net assets of $1.7m. It reported 17 employees.