Hands to the Future Inc

Analysis

Hands to the Future Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in June 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Hands to the Future Inc reported income of $315k and spending of $206k, leaving 35% of income unspent that year. Across the 3 years on record, from June 2021 to June 2023, income grew from $91k to $315k (+246%), an average of +86% a year. The sharpest change came in the year to June 2022, when income rose by 345%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hands to the Future Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 60th percentile within CO. Charities of a similar size with the same main cause include Sheboygan Public Education Foundation Inc ($315k), Babylon Breast Cancer Coalition Inc ($315k) and Indiana Head Start Association Inc ($315k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $136k (66% of expenses). At year end it held assets of $163k against liabilities of $0, net assets of $163k. It reported 6 employees.