Aarons Hands Ministries Inc

Analysis

Aarons Hands Ministries Inc is a registered charity in United States, based in Albemarle, NC. It received its IRS tax-exemption ruling in January 2013, 13 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, Aarons Hands Ministries Inc reported income of $99k and spending of $80k, spending 81% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $143k to $99k (-31%), an average of -31% a year. The sharpest change came in the year to December 2023, when income dropped by 31%. Over the whole period it spent 68% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Aarons Hands Ministries Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 34th percentile within NC. Charities of a similar size with the same main cause include Hindu American Community Services Inc ($99k), Chance Project ($99k) and Laura and Cal Turner Family Y M C a Foundation Inc ($99k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $83k against liabilities of $0, net assets of $83k.