Caring Hearts Helping Hands Inc

Analysis

Caring Hearts Helping Hands Inc is a registered charity in United States, based in Camden, DE. It received its IRS tax-exemption ruling in March 2003, 23 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, Caring Hearts Helping Hands Inc reported income of $60k and spending of $38k, leaving 37% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $43k to $60k (+38%), an average of +38% a year. The sharpest change came in the year to December 2023, when income rose by 38%. Over the whole period it spent 71% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Caring Hearts Helping Hands Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 21st percentile within DE. Charities of a similar size with the same main cause include Band of Blue Inc ($60k), Tranzformers Foundation Inc ($60k) and Friends of the Omaha Farmers Market ($60k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $120k against liabilities of $0, net assets of $120k.