Honours Inc

Analysis

Honours Inc is a registered charity in United States, based in Slinger, WI. It received its IRS tax-exemption ruling in July 1983, 43 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 July 2023, Honours Inc reported income of $462k and spending of $352k, leaving 24% of income unspent that year. Across the 4 years on record, from July 2020 to July 2023, income grew from $385k to $462k (+20%), an average of +6.3% a year. The sharpest change came in the year to July 2021, when income rose by 123%. Over the whole period it spent 54% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Honours Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within WI. Charities of a similar size with the same main cause include Pentathlon Institute Inc ($462k), Franklin High School Athletic Booster Club Inc ($462k) and Roslyn Marching Band Fans Inc ($462k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 79% of the total. At year end it held assets of $5.4m against liabilities of $0, net assets of $5.4m.