Helping Hand Home for Children Foundation

Analysis

Helping Hand Home for Children Foundation is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in October 1995, 31 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Helping Hand Home for Children Foundation reported income of $2.9m and spending of $110k, leaving 96% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $785k to $2.9m (+275%), an average of +39% a year. The sharpest change came in the year to June 2023, when income rose by 108%. Over the whole period it spent 23% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Helping Hand Home for Children Foundation sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 92nd percentile within TX. Charities of a similar size with the same main cause include Therapeutic Living Services Inc ($2.9m), Fusion-Friends United to Shelter the Indigent Oppressed and Needy ($2.9m) and Young Womens Christian Association ($2.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% of the total. At year end it held assets of $16.6m against liabilities of $20k, net assets of $16.6m.