Helping Hand Store-Front Ministries

Analysis

Helping Hand Store-Front Ministries is a registered charity in United States, based in Leesville, LA. It received its IRS tax-exemption ruling in November 1995, 31 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 September 2023, Helping Hand Store-Front Ministries reported income of $110k and spending of $87k, leaving 21% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $85k to $110k (+28%), an average of +6.5% a year. The sharpest change came in the year to September 2021, when income rose by 57%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Helping Hand Store-Front Ministries sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within LA. Charities of a similar size with the same main cause include Cedar Hill Housing Corporation ($110k), Wellspring of Life Farm Inc ($110k) and First Stop Help Center ($110k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 94% and program service revenue 5.3% of the total. At year end it held assets of $479k against liabilities of $81k, net assets of $398k.