Jewels Helping Hands

Analysis

Jewels Helping Hands is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in July 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, Jewels Helping Hands reported income of $1.8m and spending of $1.6m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $129k to $1.8m (+1294%), an average of +93% a year. The sharpest change came in the year to December 2020, when income rose by 669%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jewels Helping Hands sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within WA. Charities of a similar size with the same main cause include Harvest India ($1.8m), Seneca County Agricultural Society Inc ($1.8m) and Peaceful Meadows Recovery Center Inc ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $83k (5.1% of expenses). At year end it held assets of $191k against liabilities of $22k, net assets of $169k. It reported 63 employees.