Family Hands Foundation Inc

Analysis

Family Hands Foundation Inc is a registered charity in United States, based in Los Angeles, CA. 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 (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, Family Hands Foundation Inc reported income of $300k and spending of $281k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $4,830 to $300k (+6111%), an average of +6111% a year. The sharpest change came in the year to December 2023, when income rose by 6111%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family Hands Foundation Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include Second Show Inc ($300k), Healthy Adventures Foundation ($300k) and Asd Solutions Inc ($300k).

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 $23k against liabilities of $0, net assets of $23k.