Little Hands Virginia Inc

Analysis

Little Hands Virginia Inc is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in June 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, Little Hands Virginia Inc reported income of $1.1m and spending of $1.0m, spending 93% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $301k to $1.1m (+261%), an average of +53% a year. The sharpest change came in the year to December 2023, when income rose by 128%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Little Hands Virginia Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within VA. Charities of a similar size with the same main cause include Fair Haven Inc ($1.1m), Someplace Special Inc ($1.1m) and Used Treasures Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% of the total. Other salaries and wages came to $150k. At year end it held assets of $204k against liabilities of $8,781, net assets of $195k. It reported 2 employees.