Hands for an African Child Inc

Analysis

Hands for an African Child Inc is a registered charity in United States, based in Folsom, CA. It received its IRS tax-exemption ruling in November 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 (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 for an African Child Inc reported income of $1.1m and spending of $1.1m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $331k to $1.1m (+233%), an average of +35% a year. The sharpest change came in the year to December 2021, when income rose by 382%. Over the whole period it spent 72% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hands for an African Child Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Tenderlove Community Center ($1.1m), Helping All Victims in Need Havin ($1.1m) and Kidspak ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.