Honor Run Foundation Inc

Analysis

Honor Run Foundation Inc is a registered charity in United States, based in Union, KY. It received its IRS tax-exemption ruling in September 2015, 11 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Honor Run Foundation Inc reported income of $134k and spending of $81k, leaving 39% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $92k to $134k (+46%), an average of +46% a year. The sharpest change came in the year to December 2023, when income rose by 46%. Over the whole period it spent 114% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Honor Run Foundation 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 44th percentile, and in the 44th percentile within KY. Charities of a similar size with the same main cause include Center for Career Transformation ($134k), Tillamook Revitalization Association Inc ($134k) and Junior Civic League Fayetteville Arkansas ($134k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 39% of the total. At year end it held assets of $67k against liabilities of $0, net assets of $67k.