Holistic Life Foundation Inc

Analysis

Holistic Life Foundation Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in July 2002, 24 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Holistic Life Foundation Inc reported income of $2.3m and spending of $2.2m, spending 95% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $1.8m to $2.3m (+27%), an average of +4.9% a year. The sharpest change came in the year to December 2020, when income rose by 51%. Over the whole period it spent 99% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Holistic Life Foundation Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within MD. Charities of a similar size with the same main cause include Sherwood Forest Camp Inc ($2.3m), Harlan County Boys & Girls Club Inc ($2.3m) and Boys and Girls Club of Central Arkansas ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 30% of the total. Other salaries and wages came to $1.5m. At year end it held assets of $1.3m against liabilities of $58k, net assets of $1.3m.