Folds of Honor Foundation

Analysis

Folds of Honor Foundation is a registered charity in United States, based in Scottsdale, AZ. It received its IRS tax-exemption ruling in December 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Folds of Honor Foundation reported income of $646k and spending of $679k, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $419k to $646k (+54%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 30%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Folds of Honor Foundation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 71st percentile within AZ. Charities of a similar size with the same main cause include True Value Foundation ($646k), 412 Justice - Formerly Onepa Education Fund ($646k) and Repair the Breach Ministries ($646k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 110% of the total. At year end it held assets of $66k against liabilities of $11k, net assets of $55k.