Victoria Hand Project

Analysis

Victoria Hand Project is a registered charity in United States, based in Canada. It received its IRS tax-exemption ruling in November 2021, 5 years ago. 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, Victoria Hand Project reported income of $274k and spending of $201k, leaving 27% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $124k to $274k (+121%), an average of +121% a year. The sharpest change came in the year to December 2023, when income rose by 121%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Victoria Hand Project sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile. Charities of a similar size with the same main cause include California Association of Alcohol and Drug Program Executives Inc ($274k), National Steinbeck Center ($274k) and Reach Out Lodi Inc ($274k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $3,388 (1.7% of expenses). Other salaries and wages came to $98k. At year end it held assets of $166k against liabilities of $12k, net assets of $154k.