Helping Hand Ministry

Analysis

Helping Hand Ministry is a registered charity in United States, based in Union City, TN. It received its IRS tax-exemption ruling in August 2002, 24 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, Helping Hand Ministry reported income of $97k and spending of $93k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $100k to $97k (-2.8%), an average of -0.7% a year. The sharpest change came in the year to December 2020, when income dropped by 18%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Helping Hand Ministry sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 36th percentile within TN. Charities of a similar size with the same main cause include Shawano Area Food Pantry and Resource Center Inc ($97k), Lewis County United Methodist Ministries ($97k) and San Lorenzo Family Help Center ($97k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 46% of the total. Other salaries and wages came to $45k. At year end it held assets of $184k against liabilities of $0, net assets of $184k. It reported 2 employees.