Brother Bills Helping Hand

Analysis

Brother Bills Helping Hand is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in March 1961, 65 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, Brother Bills Helping Hand reported income of $7.1m and spending of $7.4m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.7m to $7.1m (+92%), an average of +18% a year. The sharpest change came in the year to December 2020, when income rose by 71%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Brother Bills Helping Hand sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within TX. Charities of a similar size with the same main cause include National Church Residences at Home Hospice ($7.1m), Waverly Care Center Inc ($7.1m) and Youth Alive ($7.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $170k (2.3% of expenses). Other salaries and wages came to $891k. It paid $30k in professional fundraising fees. At year end it held assets of $6.5m against liabilities of $240k, net assets of $6.2m. It reported 35 employees.