Helping One Helping Many

Analysis

Helping One Helping Many is a registered charity in United States, based in Shakopee, MN. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Helping One Helping Many reported income of $172k and spending of $154k, spending 90% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $152k to $172k (+13%), an average of +4.2% a year. The sharpest change came in the year to December 2021, when income rose by 53%. Over the whole period it spent 94% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Helping One Helping Many sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within MN. Charities of a similar size with the same main cause include Bay Area Womens Coalition LLC ($172k), Fresh Start New Beginning ($172k) and Mascoma Valley Preservation ($172k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 93% of the total. At year end it held assets of $21k against liabilities of $3,196, net assets of $18k.