Holmen Education Foundation Inc

Analysis

Holmen Education Foundation Inc is a registered charity in United States, based in Holmen, WI. It received its IRS tax-exemption ruling in May 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 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, Holmen Education Foundation Inc reported income of $117k and spending of $138k, spending 119% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $136k to $117k (-14%), an average of -3.8% a year. The sharpest change came in the year to June 2022, when income rose by 204%. Over the whole period it spent 78% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Holmen Education Foundation Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 40th percentile within WI. Charities of a similar size with the same main cause include Caldwell Housing Corporation ($117k), Warm Hearts of Douglas County Inc ($117k) and Mobile Accessible Housing Inc ($117k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 70% of the total. At year end it held assets of $433k against liabilities of $18k, net assets of $415k.