Helping Hands Hospice

Analysis

Helping Hands Hospice is a registered charity in United States, based in Tucumcari, NM. It received its IRS tax-exemption ruling in January 1993, 33 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Helping Hands Hospice reported income of $534k and spending of $523k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $534k (-51%), an average of -16% a year. The sharpest change came in the year to December 2020, when income dropped by 41%. Over the whole period it spent 106% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Helping Hands Hospice 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 71st percentile, and in the 70th percentile within NM. Charities of a similar size with the same main cause include Jennifer Claire Moore Foundation Inc ($534k), Cure Gm1 Incorporated ($534k) and McDonough District Hospital Foundation Inc ($534k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 88% of the total. Other salaries and wages came to $272k. At year end it held assets of $32k against liabilities of $7,358, net assets of $25k. It reported 14 employees.