Is Hand To Hand Foundation Inc Legit?

Quick charity verification for Hand To Hand Foundation Inc (EIN: 201160673)

Verdict: Hand To Hand Foundation Inc appears trustworthy

92/100Mission Score
$2.8MRevenue
$347KAssets
2Red Flags
5Strengths

Red Flags

Strengths

AI Transparency Report

Hand To Hand Foundation Inc demonstrates a generally healthy financial position, particularly noting its significant growth in revenue from $128,551 in 2011 to $2,507,998 in 2022. The organization consistently operates with expenses closely aligned to revenue, as seen in 2022 where expenses were $2,449,704 against $2,507,998 in revenue, indicating efficient use of incoming funds. Its asset base has also grown substantially, reaching $354,026 in 2022, suggesting a building of organizational capacity. The most recent filing for 2023 shows $0 revenue and minimal expenses, which could indicate a reporting lag or a period of reduced activity, but overall, the trend is positive. Spending efficiency appears strong, with no reported officer compensation across all available filings, which is a significant positive indicator for a nonprofit. This suggests that a very high percentage of funds are directed towards program services rather than administrative overhead or executive salaries. The organization's NTEE code T19 (Food Banks & Pantries) aligns with a mission that typically has direct program costs, and the financial data supports a focus on mission delivery. Transparency is excellent given the consistent filing of IRS Form 990s over more than a decade, providing a clear historical financial picture. The absence of officer compensation further enhances trust and transparency, as it removes a common area of concern for donors. The organization's growth trajectory and lean operational structure, as evidenced by the filings, paint a picture of a well-managed and accountable charity.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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