Quick charity verification for Blessing Hands Inc (EIN: 204794276)
Verdict: Blessing Hands Inc appears trustworthy
85/100Mission Score
$297KRevenue
$241KAssets
2Red Flags
4Strengths
Red Flags
Periods of significant deficit spending (e.g., 2021 and 2022 where expenses exceeded revenue by over $100,000 in 2021).
Increase in liabilities from $0 in 2019 to $83,716 in 2024 without clear explanation in summary data.
Strengths
Consistent 0% officer compensation across all filings, indicating strong commitment to mission spending.
Consistent revenue growth in recent years, from $110,103 in 2021 to $213,536 in 2024.
Significant growth in net assets, from $45,173 in 2015 to $178,763 in 2024, providing a solid financial foundation.
Clear program focus as a Food Bank & Pantry (NTEE B82).
Spending Breakdown
How Blessing Hands Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Blessing Hands Inc
Is Blessing Hands Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Blessing Hands Inc (EIN: 204794276) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Blessing Hands Inc a good charity to donate to?
Blessing Hands Inc has a Mission Score of 85/100. Revenue: $297K. Assets: $241K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Blessing Hands Inc?
The Employer Identification Number (EIN) for Blessing Hands Inc is 204794276. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Blessing Hands Inc spend its money?
Blessing Hands Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Blessing Hands Inc's tax-exempt status?
You can verify Blessing Hands Inc's tax-exempt status using EIN 204794276 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Blessing Hands Inc demonstrates a generally stable financial trajectory, with recent years showing consistent revenue growth from $110,103 in 2021 to $213,536 in 2024. The organization has maintained positive net assets, growing from $62,759 in 2022 to $178,763 in 2024, indicating a healthy accumulation of resources. A notable strength is the consistent reporting of 0% officer compensation across all available filings, suggesting a strong commitment to directing funds towards its mission rather than executive salaries. However, the organization experienced periods where expenses exceeded revenue, such as in 2021 ($242,200 expenses vs. $110,103 revenue) and 2022 ($241,491 expenses vs. $177,354 revenue), which could indicate reliance on prior year reserves or other funding sources during those times. The increase in liabilities from $0 in 2019 to $83,716 in 2024 warrants closer examination to understand its nature and impact on financial stability.
While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the consistent 0% officer compensation is a strong indicator of efficient use of funds at the leadership level. The organization's assets have shown significant growth, nearly quadrupling from $45,173 in 2015 to $178,763 in 2024, which provides a solid financial foundation. The NTEE code B82 (Food Banks & Pantries) suggests a clear program focus, and the financial data supports an organization that is actively raising and deploying funds for its stated purpose.
Overall, Blessing Hands Inc appears to be a financially sound organization with a strong commitment to its mission, as evidenced by its lack of executive compensation and growing asset base. The periods of deficit spending in 2021 and 2022, along with the recent increase in liabilities, are areas that would benefit from further detailed analysis of their 990 forms to ensure long-term sustainability and transparency regarding debt management.