Helping Hand House

Analysis

Helping Hand House is a registered charity in United States, based in Puyallup, WA. It received its IRS tax-exemption ruling in March 1985, 41 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Helping Hand House reported income of $5.9m and spending of $6.1m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $5.9m (+369%), an average of +47% a year. The sharpest change came in the year to December 2021, when income rose by 339%. Over the whole period it spent 100% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Helping Hand House sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within WA. Charities of a similar size with the same main cause include Neighbors of Watertown Inc ($5.9m), Apple Valley Villa Apartments ($5.9m) and Village Housing Development Corp ($5.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 2.9% of the total. Compensation of current officers, directors and key employees was $175k (2.9% of expenses). Other salaries and wages came to $573k. At year end it held assets of $1.4m against liabilities of $265k, net assets of $1.1m. It reported 12 employees.