Holland Home Foundation

Analysis

Holland Home Foundation is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in July 1986, 40 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, Holland Home Foundation reported income of $2.4m and spending of $801k, leaving 66% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $2.4m (+58%), an average of +12% a year. The sharpest change came in the year to December 2020, when income rose by 48%. Over the whole period it spent 30% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Holland Home Foundation sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within MI. Charities of a similar size with the same main cause include Red River Child Care Food Program Inc ($2.4m), The Arc of Franklin-Fulton Counties ($2.4m) and Southampton Youth Services Inc ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% of the total. At year end it held assets of $25.2m against liabilities of $344k, net assets of $24.9m.