Helms Foundation

Analysis

Helms Foundation is a registered charity in United States, based in Warren, OH. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover health care, 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 Foundation reported income of $64k and spending of $181k, spending 283% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $191k to $64k (-67%), an average of -66% a year. The sharpest change came in the year to December 2023, when income dropped by 67%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Helms Foundation sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 26th percentile within OH. Charities of a similar size with the same main cause include Bobbie Nick Voss Charitable Funds ($64k), Illinois State Neurological Society ($64k) and Dream Again Foundation ($64k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 40% of the total. At year end it held assets of $91k against liabilities of $0, net assets of $91k.