Folds of Honor Foundation

Analysis

Folds of Honor Foundation is a registered charity in United States, based in Sioux Falls, SD. 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 $203k and spending of $101k, leaving 50% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $188k to $203k (+8.4%), an average of +8.4% a year. Over the whole period it spent 75% 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 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within SD. Charities of a similar size with the same main cause include The Steve Azar St Cecilia Foundation ($203k), Maryland Rural Health Association Inc ($203k) and Hot Rodders of Tomorrow Foundation Inc ($203k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% of the total. At year end it held assets of $110k against liabilities of $0, net assets of $110k.