Hand in Hand

Analysis

Hand in Hand is a registered charity in United States, based in Pine Mountain, GA. It received its IRS tax-exemption ruling in March 1978, 48 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 June 2022, Hand in Hand reported income of $842k and spending of $996k, spending 118% of what it took in. Across the 4 years on record, from June 2019 to June 2022, income grew from $451k to $842k (+87%), an average of +23% a year. The sharpest change came in the year to June 2020, when income rose by 49%. Over the whole period it spent 121% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Hand in Hand sits at the 79th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within GA. Charities of a similar size with the same main cause include Students Helping Honduras Inc ($840k), Invisible Girl Project ($844k) and Water at Work Ministry Inc ($840k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 6.2% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $73k (7.4% of expenses). Other salaries and wages came to $300k. At year end it held assets of $209k against liabilities of $526k, net assets of -$317k. It reported 7 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.