Handal Family Foundation

Analysis

Handal Family Foundation is a registered charity in United States, based in Ladera Ranch, CA. It received its IRS tax-exemption ruling in August 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, Handal Family Foundation reported income of $201k and spending of $0, leaving 100% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $14k to $201k (+1330%), an average of +143% a year. The sharpest change came in the year to December 2021, when income rose by 874%. Over the whole period it spent 0.0% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Handal Family Foundation 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 54th percentile, and in the 56th percentile within CA. Charities of a similar size with the same main cause include Heavens Treasure ($201k), Sustained Farms ($201k) and St James Lutheran Child Care Ministry ($201k).

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 $615k against liabilities of $0, net assets of $615k.