Neighborhoods Hands

Analysis

Neighborhoods Hands is a registered charity in United States, based in Winston Salem, NC. It received its IRS tax-exemption ruling in April 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Neighborhoods Hands reported income of $298k and spending of $337k, spending 113% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $390k to $298k (-24%), an average of -24% a year. The sharpest change came in the year to December 2023, when income dropped by 24%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Neighborhoods Hands sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 60th percentile within NC. Charities of a similar size with the same main cause include Staffserve ($298k), Twelve Baskets ($298k) and Companeros International ($298k).

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 $109k against liabilities of $0, net assets of $109k.