Helping Hands Society of Los Angeles

Analysis

Helping Hands Society of Los Angeles is a registered charity in United States, based in Vernon, CA. It received its IRS tax-exemption ruling in January 2021, 5 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 Society of Los Angeles reported income of $743k and spending of $672k, spending 90% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $352k to $743k (+111%), an average of +45% a year. The sharpest change came in the year to December 2022, when income rose by 53%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Helping Hands Society of Los Angeles sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Crisis Center & Womens Shelter Inc ($743k), The Counseling Place ($743k) and Catholic Charities Community Services Odessa Inc ($743k).

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 $279k against liabilities of $0, net assets of $279k.