Hands on Tzedakah Inc

Analysis

Hands on Tzedakah Inc is a registered charity in United States, based in Boca Raton, FL. It received its IRS tax-exemption ruling in August 2003, 23 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 June 2023, Hands on Tzedakah Inc reported income of $2.1m and spending of $1.9m, spending 90% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.4m to $2.1m (+49%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 39%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hands on Tzedakah Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within FL. Charities of a similar size with the same main cause include Giving Alternative Learners Uplifting Opportunities Inc ($2.1m), Young Womens Christian Assn ($2.1m) and Hope for Opelousas Inc ($2.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $2.1m against liabilities of $0, net assets of $2.1m.