Helping Hands Fund

Analysis

Helping Hands Fund is a registered charity in United States, based in Polson, MT. It received its IRS tax-exemption ruling in August 2008, 18 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 Hands Fund reported income of $245k and spending of $175k, leaving 29% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $245k to $245k (+0.1%), an average of +0.1% a year. Over the whole period it spent 57% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Helping Hands Fund sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 57th percentile within MT. Charities of a similar size with the same main cause include Network Housing 96 Inc ($245k), Providence Westside Housing Development Fund Company Inc ($245k) and Kanehili Community Association ($245k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $27k (15% of expenses). At year end it held assets of $304k against liabilities of $1,467, net assets of $303k. It reported 1 employees.