Helping Hands of Southeast Inc

Analysis

Helping Hands of Southeast Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in August 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Helping Hands of Southeast Inc reported income of $213k and spending of $95k, leaving 55% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $115k to $213k (+86%), an average of +86% a year. The sharpest change came in the year to December 2023, when income rose by 86%. Over the whole period it spent 34% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Helping Hands of Southeast Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 59th percentile within GA. Charities of a similar size with the same main cause include Gaines House Inc ($213k), Kareema Care ($213k) and Mission for the Homeless Inc ($213k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $218k against liabilities of $12, net assets of $218k.