Folds of Honor Foundation

Analysis

Folds of Honor Foundation is a registered charity in United States, based in Newport Beach, CA. It received its IRS tax-exemption ruling in December 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Folds of Honor Foundation reported income of $171k and spending of $202k, spending 118% of what it took in. Across the 5 years on record, from December 2018 to December 2023, income fell from $220k to $171k (-22%), an average of -6.2% a year. The sharpest change came in the year to December 2019, when income dropped by 39%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Folds of Honor Foundation sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 52nd percentile within CA. Charities of a similar size with the same main cause include Duckietown Foundation US Inc ($171k), Forest Park Band Boosters Inc ($171k) and Eccs Building Co ($170k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% of the total. At year end it held assets of $17k against liabilities of $0, net assets of $17k.