Folds of Honor Foundation

Analysis

Folds of Honor Foundation is a registered charity in United States, based in Austin, TX. 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 $325k and spending of $331k, spending 102% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $312k to $325k (+4.3%), an average of +1.4% a year. Over the whole period it spent 99% 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 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 68th percentile within TX. Charities of a similar size with the same main cause include Alabama School of Alcohol and Other Drug Studies Association Inc ($325k), Newport Coast Elementary School Foundation ($325k) and Lance Cooperative Pre-School Inc ($325k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 129% of the total. At year end it held assets of $31k against liabilities of $0, net assets of $31k.