Helping Hands Housing Services

Analysis

Helping Hands Housing Services is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in March 1995, 31 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 Housing Services reported income of $8.2m and spending of $6.2m, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.4m to $8.2m (+235%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 119%. Over the whole period it spent 90% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Helping Hands Housing Services sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within AZ. Charities of a similar size with the same main cause include Academic Properties Inc ($8.2m), New Samaritan Corporation Inc ($8.2m) and Habitat for Humanity International Inc ($8.2m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 69% of the total. Other salaries and wages came to $195k. At year end it held assets of $4.1m against liabilities of $1.9m, net assets of $2.2m.