Raising Hands Tutoring

Analysis

Raising Hands Tutoring is a registered charity in United States, based in Hackettstown, NJ. It received its IRS tax-exemption ruling in September 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Raising Hands Tutoring reported income of $108k and spending of $104k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $73k to $108k (+49%), an average of +49% a year. The sharpest change came in the year to December 2023, when income rose by 49%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Raising Hands Tutoring sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 47th percentile within NJ. Charities of a similar size with the same main cause include Far to Go Foundation ($108k), North Gwinnett Schools Education Foundation ($108k) and Ballal Rao Foundation a New Jersey Nonprofit Corporation ($108k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 13% of the total. At year end it held assets of $30k against liabilities of $2,000, net assets of $28k.