Lees Helping Hand Foundation

Analysis

Lees Helping Hand Foundation is a registered charity in United States, based in Henderson, NV. It received its IRS tax-exemption ruling in November 2006, 20 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 September 2023, Lees Helping Hand Foundation reported income of $1.6m and spending of $566k, leaving 65% of income unspent that year. Across the 4 years on record, from September 2019 to September 2023, income grew from $171k to $1.6m (+839%), an average of +111% a year. The sharpest change came in the year to September 2022, when income rose by 1021%. Over the whole period it spent 29% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Lees Helping Hand Foundation sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within NV. Charities of a similar size with the same main cause include Rabbi Gary a Glickstein Foundation of Temple Bath Sholom of Miami ($1.6m), The Foundation at Fcoe ($1.6m) and Orange County Teachers of the Year Award Foundation ($1.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $2.3m against liabilities of $0, net assets of $2.3m.