Hands for Life

Analysis

Hands for Life is a registered charity in United States, based in Bowling Green, KY. It received its IRS tax-exemption ruling in July 2015, 11 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, Hands for Life reported income of $89k and spending of $96k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $67k to $89k (+31%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hands for Life sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 33rd percentile within KY. Charities of a similar size with the same main cause include Bubba Stevenson Foundation Inc ($89k), Fairfield Interfaith Food Pantry Inc ($89k) and Freedom Farm Community ($89k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $15k against liabilities of $1,056, net assets of $14k.