Marys Helping Hands

Analysis

Marys Helping Hands is a registered charity in United States, based in WDM, IA. It received its IRS tax-exemption ruling in October 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 June 2023, Marys Helping Hands reported income of $233k and spending of $200k, spending 86% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $121k to $233k (+93%), an average of +93% a year. The sharpest change came in the year to June 2023, when income rose by 93%. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Marys Helping Hands sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 58th percentile within IA. Charities of a similar size with the same main cause include Fresh Start Refugee Assistance Center ($233k), Be a Friend Youth Organization Inc ($233k) and E F E P Corp ($233k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $15k. At year end it held assets of $74k against liabilities of $1,007, net assets of $73k. It reported 1 employees.