Santas Helping Hands Inc
EIN: 823198277 · Bee Spring, KY · NTEE: P20
| Metric | Value |
|---|---|
| Total Revenue | $132K |
| Total Expenses | $83K |
| Net Assets | $168K |
Is Santas Helping Hands Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Santas Helping Hands Inc
Santas Helping Hands Inc (EIN: 823198277) is a nonprofit organization based in Bee Spring, KY, classified under NTEE code P20. The organization reported total revenue of $132K and total assets of $189K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Santas Helping Hands Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Santas Helping Hands Inc is a small nonprofit that has been operating for 8 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 15.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $125K |
| Total Expenses | $83K |
| Surplus / Deficit | +$42K |
| Total Assets | $168K |
| Net Assets | $168K |
| Operating Margin | 33.5% |
| Months of Reserves | 24.2 months |
Financial Health Grade: A
In 2023, Santas Helping Hands Inc reported a surplus of $42K with revenue exceeding expenses, holds 24.2 months of operating reserves (strong position).
Financial Trends
Over 7 years of filings (2017–2023), Santas Helping Hands Inc's revenue has grown at a compound annual growth rate (CAGR) of 15.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.1% | +13.8% | +33.3% |
| 2022 | +33.0% | +19.7% | +70.2% |
| 2021 | +69.1% | +4.1% | +80.4% |
| 2020 | -27.4% | +9.5% | -7.0% |
| 2019 | +78.3% | +10.4% | +108.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Santas Helping Hands Inc 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 Santas Helping Hands Inc 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $42K, with revenue exceeding expenses.
Frequently Asked Questions about Santas Helping Hands Inc
Is Santas Helping Hands Inc a legitimate charity?
Santas Helping Hands Inc (EIN: 823198277) is a registered tax-exempt nonprofit based in Kentucky. It has 7 years of IRS 990 filings on record. Total revenue: $132K. No red flags identified. Financial health grade: A.
How does Santas Helping Hands Inc spend its money?
Santas Helping Hands Inc reported $132K in total revenue in IRS 990 filings. 7 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Santas Helping Hands Inc tax-deductible?
Santas Helping Hands Inc is registered as a tax-exempt nonprofit (EIN: 823198277). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Santas Helping Hands Inc located?
Santas Helping Hands Inc is headquartered in Bee Spring, Kentucky and files with the IRS under EIN 823198277. It is classified under NTEE code P20.
How many years of IRS 990 filings does Santas Helping Hands Inc have?
Santas Helping Hands Inc has 7 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 $132K in total revenue.
Filing History
IRS 990 filing history for Santas Helping Hands Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Santas Helping Hands Inc's revenue has grown by 132.8%, moving from $54K to $125K. Total assets increased by 529.1% over the same period, from $27K to $168K. Total functional expenses rose by 108%, from $40K to $83K. In its most recent filing year (2023), Santas Helping Hands Inc reported a surplus of $42K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $125K | $83K | $168K | $0 | — | — |
| 2022 | $125K | $73K | $126K | $0 | — | — |
| 2021 | $94K | $61K | $74K | $0 | — | — |
| 2020 | $56K | $59K | $41K | $0 | — | — |
| 2019 | $77K | $54K | $44K | $0 | — | View 990 |
| 2018 | $43K | $48K | $21K | $0 | — | View 990 |
| 2017 | $54K | $40K | $27K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $125K, expenses of $83K, and assets of $168K (revenue +0.1% year-over-year).
- 2022: Revenue of $125K, expenses of $73K, and assets of $126K (revenue +33.0% year-over-year).
- 2021: Revenue of $94K, expenses of $61K, and assets of $74K (revenue +69.1% year-over-year).
- 2020: Revenue of $56K, expenses of $59K, and assets of $41K (revenue -27.4% year-over-year).
- 2019: Revenue of $77K, expenses of $54K, and assets of $44K (revenue +78.3% year-over-year).
- 2018: Revenue of $43K, expenses of $48K, and assets of $21K (revenue -20.2% year-over-year).
- 2017: Revenue of $54K, expenses of $40K, and assets of $27K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Santas Helping Hands Inc:
Data Sources and Methodology
This transparency report for Santas Helping Hands Inc 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.