Hands in Harmony Inc

Analysis

Hands in Harmony Inc is a registered charity in United States, based in Kingston, RI. It received its IRS tax-exemption ruling in September 2019, 7 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hands in Harmony Inc reported income of $605k and spending of $504k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $387k to $605k (+56%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 50%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hands in Harmony Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 69th percentile within RI. Charities of a similar size with the same main cause include Palm Canyon Theatre ($605k), Westwood Youth Hockey Association Inc ($605k) and Shout Mouse Press Inc ($605k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $76k (15% of expenses). Other salaries and wages came to $328k. At year end it held assets of $246k against liabilities of $3,502, net assets of $242k. It reported 12 employees.