Hand N Hand Outreach NFP

Analysis

Hand N Hand Outreach NFP is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Hand N Hand Outreach NFP reported income of $1.3m and spending of $201k, leaving 84% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $1.4m to $1.3m (-8.2%), an average of -8.2% a year. Over the whole period it spent 22% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Hand N Hand Outreach NFP sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within IL. Charities of a similar size with the same main cause include Christian Center ($1.3m), Rhyme & Reason Ministry Inc ($1.3m) and Faith Ministry Ministerio de Fe ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $471k against liabilities of $0, net assets of $471k.