Oliva Helping Hands Foundation Corp

Analysis

Oliva Helping Hands Foundation Corp is a registered charity in United States, based in Miami Lakes, FL. It received its IRS tax-exemption ruling in February 2022, 4 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, Oliva Helping Hands Foundation Corp reported income of $91k and spending of $69k, leaving 23% of income unspent that year. The sharpest change came in the year to December 2022, when income rose by 739%. Over the whole period it spent 67% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Oliva Helping Hands Foundation Corp sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 38th percentile within FL. Charities of a similar size with the same main cause include Community Christian 25c Store ($91k), Josh Palmer Fund Inc ($91k) and Marengo Area Outreach Enterprises ($91k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 203% of the total. At year end it held assets of $75k against liabilities of $3,696, net assets of $71k.