Extend a Hand Fund

Analysis

Extend a Hand Fund is a registered charity in United States, based in Bellingham, WA. It received its IRS tax-exemption ruling in September 2021, 5 years ago. Its declared purposes cover food, agriculture and nutrition, 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, Extend a Hand Fund reported income of $586k and spending of $157k, leaving 73% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $288k to $586k (+103%), an average of +103% a year. The sharpest change came in the year to December 2023, when income rose by 103%. Over the whole period it spent 37% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Extend a Hand Fund sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 71st percentile within WA. Charities of a similar size with the same main cause include Biodynamic Farmland Conservation Trust Inc ($586k), Community Table Inc ($586k) and DC Dreamcenter ($586k).

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 $892k against liabilities of $336k, net assets of $555k.