Helping Hands Resources

Analysis

Helping Hands Resources is a registered charity in United States, based in Salem, OR. It received its IRS tax-exemption ruling in November 1982, 44 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 Hands Resources reported income of $72k and spending of $63k, spending 87% of its income. Across the 2 years on record, from December 2019 to December 2023, income grew from $56k to $72k (+29%), an average of +29% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Helping Hands Resources sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 28th percentile within OR. Charities of a similar size with the same main cause include Hope Link of West Michigan ($72k), Coordinating Committee of the Christian Family Movement ($72k) and West Fork Food Pantry ($72k).

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 $617k against liabilities of $0, net assets of $617k.