A Giving Hand Org Inc

Analysis

A Giving Hand Org Inc is a registered charity in United States, based in Long Branch, NJ. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, A Giving Hand Org Inc reported income of $4.7m and spending of $4.6m, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $401k to $4.7m (+1068%), an average of +1068% a year. The sharpest change came in the year to December 2023, when income rose by 1068%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, A Giving Hand Org Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within NJ. Charities of a similar size with the same main cause include Home of New Vision ($4.7m), Visiting Nurse Service of Ithaca and Tompkins County Inc ($4.7m) and Menorah Park Foundation ($4.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 53% of the total. At year end it held assets of $523k against liabilities of $280k, net assets of $243k.