Helping Hands Unlimited
EIN: 263663902 · Albany, IN · NTEE: Q30
| Metric | Value |
|---|---|
| Total Revenue | $381K |
| Total Expenses | $465K |
| Net Assets | $75K |
Is Helping Hands Unlimited Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Helping Hands Unlimited
Helping Hands Unlimited (EIN: 263663902) is a nonprofit organization based in Albany, IN, classified under NTEE code Q30. The organization reported total revenue of $381K and total assets of $141K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Helping Hands Unlimited's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Helping Hands Unlimited is a small nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 8.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $359K |
| Total Expenses | $465K |
| Surplus / Deficit | $-106,900 |
| Total Assets | $76K |
| Total Liabilities | $388 |
| Net Assets | $75K |
| Operating Margin | -29.8% |
| Debt-to-Asset Ratio | 0.5% |
| Months of Reserves | 2.0 months |
Financial Health Grade: C
In 2024, Helping Hands Unlimited reported a deficit of $107K with expenses exceeding revenue, holds 2.0 months of operating reserves (limited), has a debt-to-asset ratio of 0.5% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Helping Hands Unlimited's revenue has grown at a compound annual growth rate (CAGR) of 8.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +5.5% | +90.6% | -58.9% |
| 2023 | +23.6% | -11.8% | +112.3% |
| 2022 | +12.8% | +8.6% | -2.1% |
| 2021 | +26.4% | +78.3% | -10.8% |
| 2020 | +19.6% | -14.7% | +66.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7120 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Helping Hands Unlimited has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Helping Hands Unlimited with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $107K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.5%.
Frequently Asked Questions about Helping Hands Unlimited
Is Helping Hands Unlimited a legitimate charity?
Helping Hands Unlimited (EIN: 263663902) is a registered tax-exempt nonprofit based in Indiana. It has 13 years of IRS 990 filings on record. Total revenue: $381K. No red flags identified. Financial health grade: C.
How does Helping Hands Unlimited spend its money?
Helping Hands Unlimited reported $381K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Helping Hands Unlimited tax-deductible?
Helping Hands Unlimited is registered as a tax-exempt nonprofit (EIN: 263663902). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Helping Hands Unlimited located?
Helping Hands Unlimited is headquartered in Albany, Indiana and files with the IRS under EIN 263663902. It is classified under NTEE code Q30.
How many years of IRS 990 filings does Helping Hands Unlimited have?
Helping Hands Unlimited has 13 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 $381K in total revenue.
Filing History
IRS 990 filing history for Helping Hands Unlimited showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Helping Hands Unlimited's revenue has grown by 166.9%, moving from $134K to $359K. Total assets increased by 248% over the same period, from $22K to $76K. Total functional expenses rose by 220.6%, from $145K to $465K. In its most recent filing year (2024), Helping Hands Unlimited reported a deficit of $107K, with expenses exceeding revenue. The organization holds $388 in liabilities against $76K in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $75K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $359K | $465K | $76K | $388 | — | — |
| 2023 | $340K | $244K | $184K | $2K | — | View 990 |
| 2022 | $275K | $277K | $87K | $362 | — | View 990 |
| 2021 | $244K | $255K | $89K | $400 | — | View 990 |
| 2020 | $193K | $143K | $99K | $0 | — | View 990 |
| 2019 | $161K | $168K | $60K | $10K | — | View 990 |
| 2018 | $196K | $167K | $76K | $20K | — | View 990 |
| 2017 | $140K | $149K | $27K | $937 | — | View 990 |
| 2016 | $186K | $179K | $36K | $304 | — | View 990 |
| 2015 | $128K | $136K | $29K | $1K | — | View 990 |
| 2014 | $189K | $183K | $41K | $5K | — | View 990 |
| 2013 | $158K | $141K | $35K | $5K | — | View 990 |
| 2012 | $134K | $145K | $22K | $9K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $359K, expenses of $465K, and assets of $76K (revenue +5.5% year-over-year).
- 2023: Revenue of $340K, expenses of $244K, and assets of $184K (revenue +23.6% year-over-year).
- 2022: Revenue of $275K, expenses of $277K, and assets of $87K (revenue +12.8% year-over-year).
- 2021: Revenue of $244K, expenses of $255K, and assets of $89K (revenue +26.4% year-over-year).
- 2020: Revenue of $193K, expenses of $143K, and assets of $99K (revenue +19.6% year-over-year).
- 2019: Revenue of $161K, expenses of $168K, and assets of $60K (revenue -17.9% year-over-year).
- 2018: Revenue of $196K, expenses of $167K, and assets of $76K (revenue +40.3% year-over-year).
- 2017: Revenue of $140K, expenses of $149K, and assets of $27K (revenue -24.8% year-over-year).
- 2016: Revenue of $186K, expenses of $179K, and assets of $36K (revenue +45.3% year-over-year).
- 2015: Revenue of $128K, expenses of $136K, and assets of $29K (revenue -32.2% year-over-year).
- 2014: Revenue of $189K, expenses of $183K, and assets of $41K (revenue +19.4% year-over-year).
- 2013: Revenue of $158K, expenses of $141K, and assets of $35K (revenue +17.9% year-over-year).
- 2012: Revenue of $134K, expenses of $145K, and assets of $22K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Helping Hands Unlimited:
Data Sources and Methodology
This transparency report for Helping Hands Unlimited 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.