Ho Ho Ho Inc

Analysis

Ho Ho Ho Inc is a registered charity in United States, based in Phoenix, MD. It received its IRS tax-exemption ruling in September 2009, 17 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Ho Ho Ho Inc reported income of $219k and spending of $180k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $196k to $219k (+12%), an average of +12% a year. Over the whole period it spent 91% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Ho Ho Ho Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within MD. Charities of a similar size with the same main cause include Aimbridge Aid Foundation ($219k), Highlands Motoring Foundation Inc ($219k) and Donald Driver Foundation ($219k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $196k against liabilities of $42k, net assets of $154k.