Boston Avenue Helping Hands Inc

Analysis

Boston Avenue Helping Hands Inc is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in February 1997, 29 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, Boston Avenue Helping Hands Inc reported income of $496k and spending of $479k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $469k to $496k (+6.0%), an average of +1.5% a year. The sharpest change came in the year to December 2020, when income rose by 42%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Boston Avenue Helping Hands Inc sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within OK. Charities of a similar size with the same main cause include Care for Friends ($496k), Charlottesville Abundant Life Ministries Inc ($497k) and River City Rescue Mission Inc ($496k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $557k against liabilities of $10k, net assets of $547k.