Helping Hand for Nepal Inc

Analysis

Helping Hand for Nepal Inc is a registered charity in United States, based in Anchorage, AK. It received its IRS tax-exemption ruling in October 2001, 25 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, Helping Hand for Nepal Inc reported income of $108k and spending of $12k, leaving 89% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $99k to $108k (+9.3%), an average of +2.3% a year. The sharpest change came in the year to December 2022, when income dropped by 112%. Over the whole period it spent 14% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Helping Hand for Nepal Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 34th percentile within AK. Charities of a similar size with the same main cause include Elders of Eastern Europe ($108k), Valley Santa Inc ($108k) and United We Serve ($108k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% of the total. At year end it held assets of $728k against liabilities of $0, net assets of $728k.