The Helping Hands Of Clemson Inc
EIN: 570722226 · Clemson, SC · NTEE: P730
Is The Helping Hands Of Clemson Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Helping Hands Of Clemson Inc
The Helping Hands Of Clemson Inc (EIN: 570722226) is a nonprofit organization based in Clemson, SC, classified under NTEE code P730. The organization reported total revenue of $1.6M and total assets of $4.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Helping Hands Of Clemson Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Helping Hands Of Clemson Inc is a mid-size nonprofit that has been operating for 44 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 3.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $1.2M |
| Surplus / Deficit | $-50,641 |
| Total Assets | $4.3M |
| Total Liabilities | $48K |
| Net Assets | $4.3M |
| Operating Margin | -4.3% |
| Debt-to-Asset Ratio | 1.1% |
| Months of Reserves | 41.7 months |
Financial Health Grade: B
In 2023, The Helping Hands Of Clemson Inc reported a deficit of $51K with expenses exceeding revenue, holds 41.7 months of operating reserves (strong position), has a debt-to-asset ratio of 1.1% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), The Helping Hands Of Clemson Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +33.8% | +19.5% | +0.1% |
| 2022 | +12.5% | +1.9% | -5.5% |
| 2021 | -36.9% | +0.9% | -1.9% |
| 2020 | -24.0% | -1.1% | +3.0% |
| 2019 | +4.5% | +22.6% | +17.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1982 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The Helping Hands Of Clemson 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 The Helping Hands Of Clemson 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 deficit of $51K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.1%.
Frequently Asked Questions about The Helping Hands Of Clemson Inc
Is The Helping Hands Of Clemson Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The Helping Hands Of Clemson Inc (EIN: 570722226) insufficient data. 0 red flags identified, 0 strengths noted.
How does The Helping Hands Of Clemson Inc spend its money?
Detailed spending breakdown data is not yet available for The Helping Hands Of Clemson Inc. Check back for updated IRS 990 analysis.
Are donations to The Helping Hands Of Clemson Inc tax-deductible?
The Helping Hands Of Clemson Inc is registered as a tax-exempt nonprofit (EIN: 570722226). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for The Helping Hands Of Clemson Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), The Helping Hands Of Clemson Inc's revenue has grown by 47.4%, moving from $807K to $1.2M. Total assets increased by 488.6% over the same period, from $732K to $4.3M. Total functional expenses rose by 99.6%, from $621K to $1.2M. In its most recent filing year (2023), The Helping Hands Of Clemson Inc reported a deficit of $51K, with expenses exceeding revenue. The organization holds $48K in liabilities against $4.3M in assets (debt-to-asset ratio: 1.1%), resulting in net assets of $4.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $1.2M | $4.3M | $48K | — | — |
| 2022 | $889K | $1.0M | $4.3M | $32K | — | View 990 |
| 2021 | $790K | $1.0M | $4.6M | $20K | — | — |
| 2020 | $1.3M | $1.0M | $4.6M | $20K | — | View 990 |
| 2019 | $1.6M | $1.0M | $4.5M | $64K | — | — |
| 2018 | $1.6M | $834K | $3.8M | $56K | — | View 990 |
| 2017 | $1.3M | $766K | $3.1M | $43K | — | View 990 |
| 2016 | $1.4M | $819K | $2.7M | $130K | — | View 990 |
| 2015 | $1.2M | $715K | $2.0M | $58K | — | View 990 |
| 2014 | $1.1M | $662K | $1.5M | $42K | — | View 990 |
| 2013 | $849K | $534K | $1.0M | $35K | — | View 990 |
| 2012 | $807K | $621K | $732K | $33K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $1.2M, and assets of $4.3M (revenue +33.8% year-over-year).
- 2022: Revenue of $889K, expenses of $1.0M, and assets of $4.3M (revenue +12.5% year-over-year).
- 2021: Revenue of $790K, expenses of $1.0M, and assets of $4.6M (revenue -36.9% year-over-year).
- 2020: Revenue of $1.3M, expenses of $1.0M, and assets of $4.6M (revenue -24.0% year-over-year).
- 2019: Revenue of $1.6M, expenses of $1.0M, and assets of $4.5M (revenue +4.5% year-over-year).
- 2018: Revenue of $1.6M, expenses of $834K, and assets of $3.8M (revenue +21.6% year-over-year).
- 2017: Revenue of $1.3M, expenses of $766K, and assets of $3.1M (revenue -10.3% year-over-year).
- 2016: Revenue of $1.4M, expenses of $819K, and assets of $2.7M (revenue +20.7% year-over-year).
- 2015: Revenue of $1.2M, expenses of $715K, and assets of $2.0M (revenue +12.4% year-over-year).
- 2014: Revenue of $1.1M, expenses of $662K, and assets of $1.5M (revenue +25.4% year-over-year).
- 2013: Revenue of $849K, expenses of $534K, and assets of $1.0M (revenue +5.2% year-over-year).
- 2012: Revenue of $807K, expenses of $621K, and assets of $732K.
Data Sources and Methodology
This transparency report for The Helping Hands Of Clemson 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.