Lend a Helping Can Inc

Analysis

Lend a Helping Can Inc is a registered charity in United States, based in Manchester, NH. It received its IRS tax-exemption ruling in November 2018, 8 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Lend a Helping Can Inc reported income of $424k and spending of $423k, spending 100% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $279k to $424k (+52%), an average of +15% a year. The sharpest change came in the year to December 2022, when income rose by 27%. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Lend a Helping Can Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within NH. Charities of a similar size with the same main cause include Alabama Oilmens Invitational Inc ($424k), Avas Heart ($424k) and Burke County United Way ($424k).

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 $408k against liabilities of $396k, net assets of $12k.