Open Hands Community Charitable Services

Analysis

Open Hands Community Charitable Services is a registered charity in United States, based in Donna, TX. It received its IRS tax-exemption ruling in August 2003, 23 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, Open Hands Community Charitable Services reported income of $278k and spending of $203k, leaving 27% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $101k to $278k (+176%), an average of +176% a year. The sharpest change came in the year to December 2023, when income rose by 176%. Over the whole period it spent 68% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Open Hands Community Charitable Services sits at the 55th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 64th percentile within TX. Charities of a similar size with the same main cause include Jim Troxell Foundation ($278k), Original Leisure Village Foundation ($278k) and Until We Are All Free Movement ($278k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $78k (38% of expenses). At year end it held assets of $95k against liabilities of $6,062, net assets of $89k.