Hand in Hand Partnership

Analysis

Hand in Hand Partnership is a registered charity in United States, based in Homewood, AL. It received its IRS tax-exemption ruling in August 2008, 18 years ago. Its declared purposes cover public and societal benefit, 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, Hand in Hand Partnership reported income of $125k and spending of $233k, spending 187% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $238k to $125k (-47%), an average of -28% a year. The sharpest change came in the year to December 2022, when income rose by 82%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hand in Hand Partnership sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 42nd percentile within AL. Charities of a similar size with the same main cause include West Potomac Crew Boosters Inc ($125k), Land of Goshen Ministries ($125k) and Womens Overseas Service League ($125k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $67k (29% of expenses). At year end it held assets of $201k against liabilities of $932, net assets of $200k. It reported 1 employees.