Helping Hands Project Organization

Analysis

Helping Hands Project Organization is a registered charity in United States, based in Everett, WA. It received its IRS tax-exemption ruling in February 2020, 6 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, Helping Hands Project Organization reported income of $3.7m and spending of $2.8m, leaving 24% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $1.5m to $3.7m (+144%), an average of +56% a year. The sharpest change came in the year to December 2023, when income rose by 60%. Over the whole period it spent 73% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Helping Hands Project Organization sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within WA. Charities of a similar size with the same main cause include Communities in Schools of the Heart of Texas ($3.7m), Child Care Resource Center ($3.7m) and Florida Telecommunications Relay Inc ($3.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $257k (9.2% of expenses). Other salaries and wages came to $519k. It paid $5,435 in professional fundraising fees. At year end it held assets of $2.3m against liabilities of $240k, net assets of $2.0m. It reported 26 employees.