Project Hand Up

Analysis

Project Hand Up is a registered charity in United States, based in West Warwick, RI. It received its IRS tax-exemption ruling in May 2016, 10 years ago. Its declared purposes cover food, agriculture and nutrition, 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, Project Hand Up reported income of $2.2m and spending of $2.0m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $785k to $2.2m (+178%), an average of +29% a year. The sharpest change came in the year to December 2023, when income rose by 87%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Project Hand Up sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 83rd percentile within RI. Charities of a similar size with the same main cause include Family Support Center ($2.2m), Concerned Citizens Against Violence Against Women Inc ($2.2m) and Center Against Rape and Domestic Violence ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $611k against liabilities of $0, net assets of $611k.