Helping Hands Ministry of Belton Inc

Analysis

Helping Hands Ministry of Belton Inc is a registered charity in United States, based in Belton, TX. It received its IRS tax-exemption ruling in December 1996, 30 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, Helping Hands Ministry of Belton Inc reported income of $2.2m and spending of $2.3m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $2.2m (+75%), an average of +15% a year. The sharpest change came in the year to December 2022, when income rose by 75%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Helping Hands Ministry of Belton Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 90th percentile within TX. Charities of a similar size with the same main cause include Travelers Aid Society of Greater New Orleans ($2.2m), Jefferson Area Board for Aging Inc ($2.2m) and Maximum Impact Love Inc ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $68k (3.0% of expenses). Other salaries and wages came to $277k. At year end it held assets of $1.4m against liabilities of $36k, net assets of $1.3m. It reported 15 employees.