Outstretched Hands Inc

Analysis

Outstretched Hands Inc is a registered charity in United States, based in Halstead, KS. It received its IRS tax-exemption ruling in July 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, Outstretched Hands Inc reported income of $100k and spending of $92k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $80k to $100k (+25%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Outstretched Hands Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 35th percentile within KS. Charities of a similar size with the same main cause include Autumn Place Inc ($100k), Place of Hope ($100k) and Hopes Door Inc ($100k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $34k against liabilities of $1,144, net assets of $33k.