Lend a Hand Center Inc

Analysis

Lend a Hand Center Inc is a registered charity in United States, based in Walker, KY. It received its IRS tax-exemption ruling in November 1969, 57 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 August 2023, Lend a Hand Center Inc reported income of $75k and spending of $62k, spending 83% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $72k to $75k (+4.1%), an average of +4.1% a year. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lend a Hand Center Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within KY. Charities of a similar size with the same main cause include Pioneer Electric Cooperative Charitable Foundation ($75k), Fostering Roots Inc ($75k) and Connect Vets ($75k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 91% and program service revenue 8.6% of the total. At year end it held assets of $221k against liabilities of $0, net assets of $221k.