Helping Hands Inc

Analysis

Helping Hands Inc is a registered charity in United States, based in Taylorsville, UT. It received its IRS tax-exemption ruling in December 1992, 34 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 September 2023, Helping Hands Inc reported income of $2.5m and spending of $2.5m, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.4m to $2.5m (+6.4%), an average of +1.6% a year. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Helping Hands Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 86th percentile within UT. Charities of a similar size with the same main cause include Marien-Heim Tower ($2.5m), Affordable Housing Centers of Pennsylvania ($2.5m) and Tierra Del Sol Housing Corporation ($2.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $95k (3.8% of expenses). Other salaries and wages came to $119k. At year end it held assets of $276k against liabilities of $225k, net assets of $51k. It reported 8 employees.