Helping Hands Ministries International Inc

Analysis

Helping Hands Ministries International Inc is a registered charity in United States, based in Bothell, WA. It received its IRS tax-exemption ruling in April 1993, 33 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 Ministries International Inc reported income of $1.3m and spending of $1.4m, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $902k to $1.3m (+48%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 47%. Over the whole period it spent 95% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Helping Hands Ministries International Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within WA. Charities of a similar size with the same main cause include Reel Life International Inc ($1.3m), Global Network Initiative ($1.3m) and Millennium Promise Alliance Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.8% and program service revenue 88% of the total. Other salaries and wages came to $786k. At year end it held assets of $1.6m against liabilities of $1.1m, net assets of $451k. It reported 77 employees.