The Helping Hand of Humboldt Inc

Analysis

The Helping Hand of Humboldt Inc is a registered charity in United States, based in Humboldt, TN. It received its IRS tax-exemption ruling in April 1984, 42 years ago. 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, The Helping Hand of Humboldt Inc reported income of $214k and spending of $200k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $351k to $214k (-39%), an average of -12% a year. The sharpest change came in the year to December 2020, when income dropped by 59%. Over the whole period it spent 66% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Helping Hand of Humboldt Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 56th percentile within TN. Charities of a similar size with the same main cause include Fox Lake Conservation League Inc ($214k), The Jam Session Inc ($214k) and San Diego Indoor Sports Inc ($214k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 17% of the total. Other salaries and wages came to $83k. At year end it held assets of $433k against liabilities of $2,277, net assets of $431k. It reported 11 employees.