Home of Guiding Hands Corporation

Analysis

Home of Guiding Hands Corporation is a registered charity in United States, based in El Cajon, CA. It received its IRS tax-exemption ruling in December 1961, 65 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 June 2023, Home of Guiding Hands Corporation reported income of $31.6m and spending of $29.0m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $26.4m to $31.6m (+20%), an average of +4.6% a year. 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, Home of Guiding Hands Corporation sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Community Interactions Inc ($31.6m), Passavant Retirement & Health Center ($31.6m) and Westminster Village Greenwood Inc ($31.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.9% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $1.4m (4.9% of expenses). Other salaries and wages came to $17.5m. At year end it held assets of $35.9m against liabilities of $8.3m, net assets of $27.6m. It reported 980 employees.