Helping And Lending Outreach Support
HALOS faces recent operating deficits despite strong asset base and zero reported officer compensation.
EIN: 200858549 · N Charleston, SC · NTEE: Y20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.6M |
| Total Expenses | $1.8M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $1.6 |
| Net Assets | $1.9M |
| Transparency Score | 85/100 |
Is Helping And Lending Outreach Support Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Helping And Lending Outreach Support directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Helping And Lending Outreach Support
Helping And Lending Outreach Support (EIN: 200858549) is a nonprofit organization based in N Charleston, SC, classified under NTEE code Y20. The organization reported total revenue of $1.6M and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Helping And Lending Outreach Support's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Helping And Lending Outreach Support is a mid-size nonprofit that has been operating for 22 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 10.2%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.6M |
| Total Expenses | $1.8M |
| Surplus / Deficit | $-216,196 |
| Total Assets | $2.1M |
| Total Liabilities | $195K |
| Net Assets | $1.9M |
| Operating Margin | -13.3% |
| Debt-to-Asset Ratio | 9.2% |
| Months of Reserves | 13.8 months |
Financial Health Grade: B
In 2024, Helping And Lending Outreach Support reported a deficit of $216K with expenses exceeding revenue, holds 13.8 months of operating reserves (strong position), has a debt-to-asset ratio of 9.2% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Helping And Lending Outreach Support's revenue has grown at a compound annual growth rate (CAGR) of 10.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +18.6% | -1.4% | -11.4% |
| 2023 | -51.1% | -0.8% | -19.8% |
| 2022 | +58.2% | +45.3% | +68.5% |
| 2021 | +0.2% | -8.1% | +28.3% |
| 2020 | +44.1% | +23.2% | +52.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Helping And Lending Outreach Support with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Helping And Lending Outreach Support allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $216K, with expenses exceeding revenue.
- Debt-to-asset ratio: 9.2%.
Executive Compensation Analysis
Helping And Lending Outreach Support consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid or compensated through non-officer roles, which is highly unusual for an organization with over $1.6 million in annual revenue and suggests a strong dedication to directing funds towards its mission.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Helping And Lending Outreach Support's IRS 990 filings:
- Consistent operating deficits in recent years (e.g., 2024 expenses $1,846,321 exceeded revenue $1,630,125)
- Significant year-over-year revenue volatility (e.g., $2.8M in 2022 to $1.3M in 2023)
Strengths
The following positive indicators were identified for Helping And Lending Outreach Support:
- Strong asset base relative to liabilities ($2,127,912 assets vs. $195,132 liabilities in 2024)
- Zero reported officer compensation across all filings, indicating high dedication to mission
- Consistent IRS 990 filing history (14 filings), demonstrating transparency and compliance
- Healthy asset growth over time (from $822,815 in 2018 to $2,127,912 in 2024)
Frequently Asked Questions about Helping And Lending Outreach Support
Is Helping And Lending Outreach Support a legitimate charity?
Based on AI analysis of IRS 990 filings, Helping And Lending Outreach Support (EIN: 200858549) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Helping And Lending Outreach Support spend its money?
Helping And Lending Outreach Support directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Helping And Lending Outreach Support tax-deductible?
Helping And Lending Outreach Support is registered as a tax-exempt nonprofit (EIN: 200858549). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Helping And Lending Outreach Support CEO make?
Helping And Lending Outreach Support's highest-compensated officer earns $1.6 annually. The organization reported $1.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Helping And Lending Outreach Support's spending goes to programs?
Helping And Lending Outreach Support directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Helping And Lending Outreach Support compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Helping And Lending Outreach Support is above average for NTEE category Y20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Helping And Lending Outreach Support located?
Helping And Lending Outreach Support is headquartered in N Charleston, South Carolina and files with the IRS under EIN 200858549. It is classified under NTEE code Y20.
How many years of IRS 990 filings does Helping And Lending Outreach Support have?
Helping And Lending Outreach Support has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.6M in total revenue.
Is Helping And Lending Outreach Support a good charity?
Based on the available data, HALOS appears to be a good charity, particularly due to its strong asset base ($2,127,912 in 2024) relative to liabilities ($195,132) and its consistent reporting of 0% officer compensation, suggesting a high dedication to its mission. However, recent operating deficits (e.g., $1,630,125 revenue vs. $1,846,321 expenses in 2024) warrant closer examination of spending efficiency.
What caused the significant revenue drop from 2022 to 2023?
The data shows a substantial drop in revenue from $2,813,866 in 2022 to $1,374,674 in 2023. This significant decrease of over $1.4 million in a single year would require further investigation into funding sources, grant cycles, or specific events that impacted fundraising during that period.
How does HALOS manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization of this size. This could indicate that executive leadership is entirely volunteer-based, compensated through a related entity, or that compensation is classified under other expense categories not reported as 'officer compensation' on the 990 summary. Further detail from the full 990 form would be needed to understand this structure.
Filing History
IRS 990 filing history for Helping And Lending Outreach Support showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Helping And Lending Outreach Support's revenue has grown by 253.9%, moving from $461K to $1.6M. Total assets increased by 2574.7% over the same period, from $80K to $2.1M. Total functional expenses rose by 294.3%, from $468K to $1.8M. In its most recent filing year (2024), Helping And Lending Outreach Support reported a deficit of $216K, with expenses exceeding revenue. The organization holds $195K in liabilities against $2.1M in assets (debt-to-asset ratio: 9.2%), resulting in net assets of $1.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $1.6M | $1.8M | $2.1M | $195K | — | View 990 |
| 2023 | $1.4M | $1.9M | $2.4M | $252K | — | View 990 |
| 2022 | $2.8M | $1.9M | $3.0M | $347K | — | View 990 |
| 2021 | $1.8M | $1.3M | $1.8M | $50K | — | View 990 |
| 2020 | $1.8M | $1.4M | $1.4M | $136K | — | View 990 |
| 2019 | $1.2M | $1.1M | $909K | $21K | — | View 990 |
| 2018 | $1.1M | $1.1M | $823K | $16K | — | View 990 |
| 2017 | $699K | $843K | $810K | $21K | — | View 990 |
| 2016 | $539K | $616K | $945K | $12K | — | View 990 |
| 2015 | $1.4M | $479K | $1.0M | $2K | — | View 990 |
| 2014 | $465K | $439K | $131K | $214 | — | View 990 |
| 2013 | $444K | $423K | $104K | $0 | — | View 990 |
| 2012 | $505K | $500K | $82K | $0 | — | View 990 |
| 2011 | $461K | $468K | $80K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1.6M, expenses of $1.8M, and assets of $2.1M (revenue +18.6% year-over-year).
- 2023: Revenue of $1.4M, expenses of $1.9M, and assets of $2.4M (revenue -51.1% year-over-year).
- 2022: Revenue of $2.8M, expenses of $1.9M, and assets of $3.0M (revenue +58.2% year-over-year).
- 2021: Revenue of $1.8M, expenses of $1.3M, and assets of $1.8M (revenue +0.2% year-over-year).
- 2020: Revenue of $1.8M, expenses of $1.4M, and assets of $1.4M (revenue +44.1% year-over-year).
- 2019: Revenue of $1.2M, expenses of $1.1M, and assets of $909K (revenue +8.3% year-over-year).
- 2018: Revenue of $1.1M, expenses of $1.1M, and assets of $823K (revenue +62.6% year-over-year).
- 2017: Revenue of $699K, expenses of $843K, and assets of $810K (revenue +29.8% year-over-year).
- 2016: Revenue of $539K, expenses of $616K, and assets of $945K (revenue -60.3% year-over-year).
- 2015: Revenue of $1.4M, expenses of $479K, and assets of $1.0M (revenue +191.2% year-over-year).
- 2014: Revenue of $465K, expenses of $439K, and assets of $131K (revenue +4.8% year-over-year).
- 2013: Revenue of $444K, expenses of $423K, and assets of $104K (revenue -12.0% year-over-year).
- 2012: Revenue of $505K, expenses of $500K, and assets of $82K (revenue +9.6% year-over-year).
- 2011: Revenue of $461K, expenses of $468K, and assets of $80K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Helping And Lending Outreach Support:
Data Sources and Methodology
This transparency report for Helping And Lending Outreach Support is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.