Rockwall County Helping Hands

Analysis

Rockwall County Helping Hands is a registered charity in United States, based in Rockwall, TX. It received its IRS tax-exemption ruling in January 1992, 34 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, Rockwall County Helping Hands reported income of $5.0m and spending of $4.6m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.2m to $5.0m (+58%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 18%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rockwall County Helping Hands sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within TX. Charities of a similar size with the same main cause include Creative Support ($5.0m), Inspiration Corporation ($5.0m) and Womens Center of East Texas Inc ($5.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $162k (3.6% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $5.6m against liabilities of $1.2m, net assets of $4.5m. It reported 59 employees.