Honor Group Inc

Analysis

Honor Group Inc is a registered charity in United States, based in Placerville, CA. It received its IRS tax-exemption ruling in July 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Honor Group Inc reported income of $95k and spending of $93k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $123k to $95k (-23%), an average of -23% a year. The sharpest change came in the year to December 2023, when income dropped by 23%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Honor Group Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 38th percentile within CA. Charities of a similar size with the same main cause include Nacogdoches Girls Softball Inc ($95k), Virginia Congress of Parents and Teachers ($95k) and Willett Pond Charitable and Protection Association Inc ($95k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $61k against liabilities of $3,000, net assets of $58k.