Helping Hand Me Downs

Analysis

Helping Hand Me Downs is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in October 2011, 15 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 Hand Me Downs reported income of $439k and spending of $453k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $514k to $439k (-15%), an average of -3.9% a year. The sharpest change came in the year to December 2020, when income rose by 18%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Helping Hand Me Downs sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 66th percentile within MO. Charities of a similar size with the same main cause include Covenant Childrens Home Inc ($439k), Off the Streets Inc ($439k) and Turkey Club Inc ($439k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 103% of the total. Compensation of current officers, directors and key employees was $5,500 (1.2% of expenses). Other salaries and wages came to $20k. At year end it held assets of $6,865 against liabilities of $8,400, net assets of -$1,535. It reported 4 employees.