Hand Up Ministries
Analysis
Hand Up Ministries is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in May 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 July 2023, Hand Up Ministries reported income of $1.7m and spending of $1.5m, spending 92% of its income. Across the 4 years on record, from July 2019 to July 2023, income grew from $1.2m to $1.7m (+40%), an average of +12% a year. The sharpest change came in the year to July 2022, when income rose by 43%. 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, Hand Up Ministries sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within OK. Charities of a similar size with the same main cause include Greater Enrichment Program Inc ($1.7m), Communities Together Inc ($1.7m) and Hope Hospitality and Warming Center Inc ($1.7m).
On its Form 990 for the period ending July 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $1,800 (0.1% of expenses). Other salaries and wages came to $55k. At year end it held assets of $4.7m against liabilities of $3.0m, net assets of $1.6m. It reported 4 employees.
Income and spending
Where the income comes from
- Program services 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Greater Enrichment Program Inc | Charlotte | $1.7m |
| Communities Together Inc | Bethesda | $1.7m |
| Hope Hospitality and Warming Center Inc | Pontiac | $1.7m |
| The Foundation of Laguna Woods Village | Laguna Woods | $1.7m |