Helping Hand Missions Inc

Analysis

Helping Hand Missions Inc is a registered charity in United States, based in Milton, FL. It received its IRS tax-exemption ruling in May 1988, 38 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Helping Hand Missions Inc reported income of $1.3m and spending of $1.3m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.3m (+29%), an average of +6.7% a year. The sharpest change came in the year to December 2021, when income rose by 39%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Helping Hand Missions Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within FL. Charities of a similar size with the same main cause include First Presbyterian Church Child Care Center ($1.3m), Childrens Services Foundation ($1.3m) and Community Food Pantry ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 94% of the total. Other salaries and wages came to $679k. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m. It reported 49 employees.