Be a Helphing Hand Foundation

Analysis

Be a Helphing Hand Foundation is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in October 2001, 25 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Be a Helphing Hand Foundation reported income of $2.8m and spending of $1.9m, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $2.8m (+132%), an average of +24% a year. The sharpest change came in the year to December 2022, when income rose by 65%. Over the whole period it spent 73% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Be a Helphing Hand Foundation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within TN. Charities of a similar size with the same main cause include New Community Employment Services Corporation ($2.8m), Launch Alaska ($2.8m) and East Denver Colfax Partnership Inc ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% of the total. Compensation of current officers, directors and key employees was $155k (8.0% of expenses). Other salaries and wages came to $391k. At year end it held assets of $8.7m against liabilities of $4.8m, net assets of $3.9m. It reported 10 employees.