A Helping Rock Inc

Analysis

A Helping Rock Inc is a registered charity in United States, based in Dade City, FL. It received its IRS tax-exemption ruling in February 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, A Helping Rock Inc reported income of $206k and spending of $250k, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $250k to $206k (-18%), an average of -4.7% a year. The sharpest change came in the year to December 2020, when income dropped by 31%. Over the whole period it spent 112% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, A Helping Rock Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within FL. Charities of a similar size with the same main cause include Kids Write Good ($206k), Harvest Edge Corporation ($206k) and Friends of the Fort Gratiot Light ($206k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% of the total. At year end it held assets of $109k against liabilities of $85k, net assets of $24k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.