Honoring the Sacrifice Foundation

Analysis

Honoring the Sacrifice Foundation is a registered charity in United States, based in Ooltewah, TN. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Honoring the Sacrifice Foundation reported income of $216k and spending of $136k, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $123k to $216k (+76%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 117%. Over the whole period it spent 44% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Honoring the Sacrifice Foundation sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 56th percentile within TN. Charities of a similar size with the same main cause include U Mass Court Club Inc ($216k), PTA California Congress of Parents Teachers & Students Inc ($216k) and Charles L Franklin Trust ($216k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 113% of the total. At year end it held assets of $776k against liabilities of $0, net assets of $776k.