Helms Hope Foundation

Analysis

Helms Hope Foundation is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in October 2019, 7 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Helms Hope Foundation reported income of $104k and spending of $64k, leaving 39% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $53k to $104k (+97%), an average of +97% a year. The sharpest change came in the year to December 2023, when income rose by 97%. Over the whole period it spent 74% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Helms Hope Foundation sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 41st percentile within TX. Charities of a similar size with the same main cause include Jansen de Vries Syndrome Foundation ($104k), Meyrow Foundation ($105k) and Bowyer Battle ($104k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $182k against liabilities of $632, net assets of $182k.