Helping Hands of Georgetown Inc

Analysis

Helping Hands of Georgetown Inc is a registered charity in United States, based in Georgetown, TX. It received its IRS tax-exemption ruling in March 2017, 9 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 Hands of Georgetown Inc reported income of $166k and spending of $135k, spending 81% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $176k to $166k (-5.6%), an average of -1.9% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Helping Hands of Georgetown Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 53rd percentile within TX. Charities of a similar size with the same main cause include Spearfish Senior Service Center ($166k), Caritas of Mexia ($166k) and A-Train for Youth ($166k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 21% of the total. At year end it held assets of $116k against liabilities of $8,193, net assets of $108k.