Holbrook Community Center

Analysis

Holbrook Community Center is a registered charity in United States, based in Lehi, UT. It received its IRS tax-exemption ruling in April 2014, 12 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, Holbrook Community Center reported income of $2.0m and spending of $25k, leaving 99% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $406k to $2.0m (+388%), an average of +49% a year. The sharpest change came in the year to December 2020, when income rose by 563%. Over the whole period it spent 2.7% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Holbrook Community Center sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 84th percentile within UT. Charities of a similar size with the same main cause include Young Womens Christian Association of Elgin Ill ($2.0m), Society of St Vincent de Paul of Plymouth Inc ($2.0m) and Women Resource Center of Manatee Inc ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $10.6m against liabilities of $400k, net assets of $10.2m.