Helping the Aging Needy and Disabled Inc

Analysis

Helping the Aging Needy and Disabled Inc is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in December 1976, 50 years ago. 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 the Aging Needy and Disabled Inc reported income of $5.6m and spending of $4.5m, spending 81% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $4.0m to $5.6m (+40%), an average of +8.8% a year. The sharpest change came in the year to September 2023, when income rose by 33%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Helping the Aging Needy and Disabled Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within TX. Charities of a similar size with the same main cause include Villa St Francis ($5.6m), Americans for Financial Reform Education Fund ($5.6m) and Lsa Elms at Tanglewood Inc ($5.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 42% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $142k (3.2% of expenses). Other salaries and wages came to $3.5m. At year end it held assets of $2.4m against liabilities of $195k, net assets of $2.2m. It reported 372 employees.