Holding Hands for Haley Foundation

Analysis

Holding Hands for Haley Foundation is a registered charity in United States, based in Cumberland, MD. It received its IRS tax-exemption ruling in October 2015, 11 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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, Holding Hands for Haley Foundation reported income of $82k and spending of $66k, leaving 20% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $78k to $82k (+5.4%), an average of +5.4% a year. Over the whole period it spent 90% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Holding Hands for Haley Foundation sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 33rd percentile within MD. Charities of a similar size with the same main cause include Valley United Fund ($82k), Future Hope Foundation ($82k) and Galva-Holstein Community School District Foundation ($82k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 85% of the total. At year end it held assets of $68k against liabilities of $0, net assets of $68k.