Tiphne Darshay Hollis Foundation

Analysis

Tiphne Darshay Hollis Foundation is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in November 2010, 16 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Tiphne Darshay Hollis Foundation reported income of $1.5m and spending of $1.8m, spending 115% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $805k to $1.5m (+92%), an average of +24% a year. The sharpest change came in the year to December 2021, when income rose by 63%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tiphne Darshay Hollis Foundation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within FL. Charities of a similar size with the same main cause include Family Cooperative Inc ($1.5m), Sparrows Nest of the Hudson Valley Inc ($1.5m) and Catholic Social Services of the U P ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $910k. At year end it held assets of $181k against liabilities of $238k, net assets of -$58k. It reported 15 employees.