Helping Others Together Community Foundation

Analysis

Helping Others Together Community Foundation is a registered charity in United States, based in Goodyear, AZ. It received its IRS tax-exemption ruling in October 2019, 7 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Helping Others Together Community Foundation reported income of $160k and spending of $161k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $244k to $160k (-34%), an average of -34% a year. The sharpest change came in the year to December 2023, when income dropped by 34%. Over the whole period it spent 85% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Helping Others Together Community Foundation sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 46th percentile within AZ. Charities of a similar size with the same main cause include Peekskill Rotary Club Foundation Inc ($160k), Harold N & Thelma Lenker Charitable Income Trust ($160k) and Auburn Community Foundation ($160k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 66% of the total. At year end it held assets of $99k against liabilities of $0, net assets of $99k.