Holie III Inc

Analysis

Holie III Inc is a registered charity in United States, based in Mequon, WI. It received its IRS tax-exemption ruling in August 1995, 31 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2024, Holie III Inc reported income of $380k and spending of $524k, spending 138% of what it took in. Across the 5 years on record, from April 2020 to April 2024, income grew from $339k to $380k (+12%), an average of +2.9% a year. Over the whole period it spent 115% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Holie III Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within WI. Charities of a similar size with the same main cause include Barrett Dewitt Housing Development Fund Company Inc ($380k), East Lake Housing Corporation ($380k) and Decro Epsilon Corporation ($380k).

On its Form 990 for the period ending April 2024, revenue came from program service revenue 99% of the total. At year end it held assets of $547k against liabilities of $2.1m, net assets of -$1.5m.