Albany Helping Hands

Analysis

Albany Helping Hands is a registered charity in United States, based in Albany, OR. It received its IRS tax-exemption ruling in July 1998, 28 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 September 2023, Albany Helping Hands reported income of $1.1m and spending of $989k, spending 92% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $813k to $1.1m (+32%), an average of +7.3% a year. The sharpest change came in the year to September 2021, when income rose by 47%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Albany Helping Hands sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within OR. Charities of a similar size with the same main cause include Programs to Educate All Cyclists ($1.1m), Moms Helping Moms Foundation Inc ($1.1m) and Foster Care Advocacy Center ($1.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 66% and program service revenue 18% of the total. Other salaries and wages came to $429k. It paid $364 in professional fundraising fees. At year end it held assets of $2.7m against liabilities of $275k, net assets of $2.4m. It reported 22 employees.