Folds of Honor Foundation

Analysis

Folds of Honor Foundation is a registered charity in United States, based in Carmel, IN. It received its IRS tax-exemption ruling in January 2020, 6 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 December 2023, Folds of Honor Foundation reported income of $454k and spending of $441k, spending 97% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $225k to $454k (+101%), an average of +26% a year. The sharpest change came in the year to December 2022, when income rose by 471%. Over the whole period it spent 50% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Folds of Honor Foundation sits at the 67th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within IN. Charities of a similar size with the same main cause include Headache Cooperative of New England Inc ($454k), Partners Program ($454k) and Building a Generation ($454k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 121% of the total. At year end it held assets of $1.1m against liabilities of $2,950, net assets of $1.1m.