Graces Helping Hand Corp

Analysis

Graces Helping Hand Corp is a registered charity in United States, based in Riverside, CA. It received its IRS tax-exemption ruling in July 2018, 8 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Graces Helping Hand Corp reported income of $60k and spending of $165k, spending 273% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $237k to $60k (-74%), an average of -37% a year. The sharpest change came in the year to December 2023, when income rose by 106%. Over the whole period it spent 44% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Graces Helping Hand Corp sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within CA. Charities of a similar size with the same main cause include Texas Garden Clubs Inc ($60k), Legatus ($60k) and California Federation of Womens Clubs ($60k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $539k against liabilities of $0, net assets of $539k.