Handlebars for Hope Inc

Analysis

Handlebars for Hope Inc is a registered charity in United States, based in Emporia, KS. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Handlebars for Hope Inc reported income of $145k and spending of $43k, leaving 70% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $104k to $145k (+39%), an average of +39% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 29% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Handlebars for Hope Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 45th percentile within KS. Charities of a similar size with the same main cause include Reach Out Lafond Inc ($145k), American Friends of Prospect Burma ($145k) and Congo Restoration ($145k).

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 $421k against liabilities of $918, net assets of $420k.