Helping Hands of Columbus Inc

Analysis

Helping Hands of Columbus Inc is a registered charity in United States, based in Columbus, MS. It received its IRS tax-exemption ruling in March 1992, 34 years ago. 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 Hands of Columbus Inc reported income of $275k and spending of $170k, leaving 38% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $169k to $275k (+63%), an average of +62% a year. The sharpest change came in the year to December 2023, when income rose by 63%. Over the whole period it spent 69% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Helping Hands of Columbus Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within MS. Charities of a similar size with the same main cause include C U Independence Inc ($275k), Emergency Medical Services Coord Council of S E Az ($275k) and Afcea Educational Foundation ($275k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $41k (24% of expenses). At year end it held assets of $156k against liabilities of $923, net assets of $155k. It reported 1 employees.