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Help Network Inc

RegisteredEIN 71-0719209Russellville, ARPoverty relief
Income$117k2023-12
Spending$120ksame year
Spent / received87%5-year average
Size in its cause36th pctPoverty relief
Exempt since1993Publicly supported organisat
Employees2latest return

Analysis

Help Network Inc is a registered charity in United States, based in Russellville, AR. It received its IRS tax-exemption ruling in March 1993, 33 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, Help Network Inc reported income of $117k and spending of $120k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $96k to $117k (+22%), an average of +5.1% a year. The sharpest change came in the year to December 2020, when income rose by 109%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Help Network Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 40th percentile within AR. Charities of a similar size with the same main cause include World Championships Organizing Committee Inc ($117k), Heritage Family Resource Center Inc ($117k) and Green Meadow Farm ($117k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $65k. At year end it held assets of $110k against liabilities of $2,907, net assets of $107k. It reported 2 employees.

Income and spending

$0$50k$100k$150k$200k2019 Income: $95,8592019 Spending: $89,80020192020 Income: $199,9892020 Spending: $132,97320202021 Income: $137,2422021 Spending: $114,61520212022 Income: $123,1102022 Spending: $129,94020222023 Income: $116,7572023 Spending: $120,3372023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%
  • Other 0.5%

Similar-sized charities, same cause

CharityLocationIncome
World Championships Organizing Committee IncLK Worth BCH$117k
Heritage Family Resource Center IncThomaston$117k
Green Meadow FarmLeola$117k
Corning Pride IncCorning$117k