Helping Is Simply Caring

Analysis

Helping Is Simply Caring is a registered charity in United States, based in Statesville, NC. It received its IRS tax-exemption ruling in June 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, Helping Is Simply Caring reported income of $97k and spending of $84k, spending 87% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $4,650 to $97k (+1978%), an average of +356% a year. The sharpest change came in the year to December 2023, when income rose by 1539%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Helping Is Simply Caring sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 34th percentile within NC. Charities of a similar size with the same main cause include Scm&k Enterprises Inc ($97k), Rotary Club of Mechanicsville Foundation ($97k) and Minnesota Disability Support Alternatives ($97k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 2.1% and program service revenue 98% of the total. At year end it held assets of $19k against liabilities of $13k, net assets of $5,572.