Help the Needy

Analysis

Help the Needy is a registered charity in United States, based in Woodland Park, CO. It received its IRS tax-exemption ruling in January 1999, 27 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Help the Needy reported income of $330k and spending of $99k, leaving 70% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $200k to $330k (+65%), an average of +29% a year. The sharpest change came in the year to December 2023, when income rose by 167%. Over the whole period it spent 45% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Help the Needy sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 60th percentile within CO. Charities of a similar size with the same main cause include Seventh District Pavilion Inc ($330k), SNHS Pittsburg Elderly Housing Inc ($330k) and United Church Residences of Oxford Mississippi Inc ($330k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $718k against liabilities of $0, net assets of $718k.