Right Hand Foundation Inc

Analysis

Right Hand Foundation Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Right Hand Foundation Inc reported income of $147k and spending of $197k, spending 134% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $502k to $147k (-71%), an average of -26% a year. The sharpest change came in the year to December 2022, when income rose by 73%. Over the whole period it spent 87% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Right Hand Foundation Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 50th percentile within GA. Charities of a similar size with the same main cause include Diversity International Charities ($147k), Summit Terrace Development Corporation ($147k) and KT Team Inc ($147k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $84k. At year end it held assets of $389k against liabilities of $12k, net assets of $378k. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.