Holzer Foundation

Analysis

Holzer Foundation is a registered charity in United States, based in Gallipolis, OH. It received its IRS tax-exemption ruling in April 1978, 48 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 June 2023, Holzer Foundation reported income of $289k and spending of $528k, spending 182% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $316k to $289k (-8.5%), an average of -2.2% a year. The sharpest change came in the year to June 2022, when income rose by 25%. Over the whole period it spent 178% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Holzer Foundation sits at the 47th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within OH. Charities of a similar size with the same main cause include FXB USA Inc ($289k), Southeast Regional Institute on Deafness Inc ($289k) and Halos of the St Croix Valley ($289k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 87% of the total. Other salaries and wages came to $178k. At year end it held assets of $7.8m against liabilities of $3.2m, net assets of $4.6m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.