Friends of the Holt Home Inc

Analysis

Friends of the Holt Home Inc is a registered charity in United States, based in Hardinsburg, KY. It received its IRS tax-exemption ruling in August 2013, 13 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Friends of the Holt Home Inc reported income of $102k and spending of $72k, leaving 29% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $205k to $102k (-50%), an average of -30% a year. The sharpest change came in the year to December 2022, when income rose by 81%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friends of the Holt Home Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 37th percentile within KY. Charities of a similar size with the same main cause include Surfing Madonna Oceans Project ($102k), South Hadley Historical Inc ($102k) and Chickahominy Indian Tribe Inc ($102k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $57k against liabilities of $0, net assets of $57k.