Quick charity verification for Helping Hands Chore Service Inc (EIN: 10853068)
Verdict: Helping Hands Chore Service Inc appears trustworthy
88/100Mission Score
$186KRevenue
$52KAssets
1Red Flags
4Strengths
Red Flags
Occasional operating deficits, such as in 2023 and 2022, where expenses exceeded revenue.
Strengths
Consistent 0% officer compensation, indicating high efficiency and dedication to mission.
Stable revenue and asset base over a decade, demonstrating consistent operations.
Regular filing of IRS Form 990s, indicating good transparency.
Lean operational model, with most funds likely directed to program delivery.
Spending Breakdown
How Helping Hands Chore Service Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
0%
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 Helping Hands Chore Service Inc
Is Helping Hands Chore Service Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Helping Hands Chore Service Inc (EIN: 10853068) appears trustworthy. Mission Score: 88/100. 1 red flag identified, 4 strengths noted.
Is Helping Hands Chore Service Inc a good charity to donate to?
Helping Hands Chore Service Inc has a Mission Score of 88/100. Revenue: $186K. Assets: $52K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Helping Hands Chore Service Inc?
The Employer Identification Number (EIN) for Helping Hands Chore Service Inc is 10853068. 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 Helping Hands Chore Service Inc spend its money?
Helping Hands Chore Service Inc allocates 85% to programs, 15% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Helping Hands Chore Service Inc's tax-exempt status?
You can verify Helping Hands Chore Service Inc's tax-exempt status using EIN 10853068 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
Helping Hands Chore Service Inc demonstrates consistent financial activity, with annual revenues and expenses typically ranging between $177,066 and $238,132 over the past decade. The organization's assets have remained relatively stable, generally fluctuating between $48,955 and $88,536, indicating a modest but consistent operational capacity. While the organization has experienced deficits in some years, such as 2023 ($203,570 revenue vs. $221,131 expenses) and 2022 ($191,793 revenue vs. $211,051 expenses), these appear to be managed within its overall financial scope, as evidenced by the stability of its asset base. The consistent reporting of 0% officer compensation across all available filings is a strong indicator of financial transparency and a commitment to directing funds towards its mission rather than executive salaries.
The organization's spending efficiency appears to be reasonable given its size and mission. With no reported officer compensation, a significant portion of its expenses is likely directed towards program delivery and necessary administrative functions. The relatively low asset base compared to annual revenue suggests that the organization operates on a lean model, utilizing most of its incoming funds for immediate operational needs rather than accumulating large reserves. This approach, combined with consistent filing of IRS Form 990s, contributes positively to its transparency profile.
Overall, Helping Hands Chore Service Inc appears to be a financially stable, albeit small, nonprofit with a clear commitment to its mission, as evidenced by its consistent operations and transparent financial practices, particularly the absence of executive compensation. While some years show minor operating deficits, these do not appear to threaten the organization's long-term viability given its consistent revenue streams and asset management.