Helpful Hands Inc

Analysis

Helpful Hands Inc is a registered charity in United States, based in Oviedo, FL. It received its IRS tax-exemption ruling in August 2010, 16 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 2022, Helpful Hands Inc reported income of $101k and spending of $82k, spending 81% of its income. Across the 2 years on record, from December 2021 to December 2022, income grew from $88k to $101k (+15%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 15%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Helpful Hands Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 41st percentile within FL. Charities of a similar size with the same main cause include Misingwa Land Trust ($101k), Harvesting Capabilities Inc ($101k) and Love Kendall County Kids ($101k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 6.2% of the total. At year end it held assets of $95k against liabilities of $0, net assets of $95k.