Holly House for Kids

Analysis

Holly House for Kids is a registered charity in United States, based in Lynnwood, WA. It received its IRS tax-exemption ruling in October 2015, 11 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, Holly House for Kids reported income of $238k and spending of $239k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $398k to $238k (-40%), an average of -12% a year. The sharpest change came in the year to December 2020, when income dropped by 36%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Holly House for Kids sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within WA. Charities of a similar size with the same main cause include Advocates for Immigrant Survivors ($238k), Euclid Hunger Task Force ($238k) and Nonprofitconnect Inc ($238k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $17k (7.1% of expenses). At year end it held assets of $17k against liabilities of $0, net assets of $17k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.