Inspired Hearts and Hands Inc

Analysis

Inspired Hearts and Hands Inc is a registered charity in United States, based in Cranberry TWP, PA. It received its IRS tax-exemption ruling in May 2019, 7 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, Inspired Hearts and Hands Inc reported income of $489k and spending of $429k, spending 88% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $250k to $489k (+96%), an average of +40% a year. The sharpest change came in the year to December 2022, when income rose by 51%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Inspired Hearts and Hands Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 68th percentile within PA. Charities of a similar size with the same main cause include Clubs Thrift Store Inc ($489k), The Well-Food and Clothing Source ($489k) and Uttar Pradesh Mandal of America ($489k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% of the total. Other salaries and wages came to $71k. At year end it held assets of $549k against liabilities of $399k, net assets of $150k. It reported 2 employees.