Honor Bell Foundation Inc

Analysis

Honor Bell Foundation Inc is a registered charity in United States, based in Englewood, CO. It received its IRS tax-exemption ruling in December 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, Honor Bell Foundation Inc reported income of $261k and spending of $144k, leaving 45% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $142k to $261k (+83%), an average of +83% a year. The sharpest change came in the year to December 2023, when income rose by 83%. Over the whole period it spent 65% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Honor Bell Foundation Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within CO. Charities of a similar size with the same main cause include Volunteers of America Inc ($261k), Hill Junior College Development Foundation Incorporated ($261k) and Rockne Educational Television Inc ($261k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $84k. At year end it held assets of $347k against liabilities of $700, net assets of $347k. It reported 2 employees.