Dripping Springs Helping Hands Inc

Analysis

Dripping Springs Helping Hands Inc is a registered charity in United States, based in Dripping SPGS, TX. It received its IRS tax-exemption ruling in August 1991, 35 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 December 2023, Dripping Springs Helping Hands Inc reported income of $282k and spending of $161k, leaving 43% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $335k to $282k (-16%), an average of -5.5% a year. Over the whole period it spent 50% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Dripping Springs Helping Hands Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 65th percentile within TX. Charities of a similar size with the same main cause include Health Professional Student Association ($282k), Central Day Care Center Inc ($283k) and Songtime Inc ($282k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% of the total. At year end it held assets of $908k against liabilities of $0, net assets of $908k.