Ho-Ho-Kus Education Foundation Inc

Analysis

Ho-Ho-Kus Education Foundation Inc is a registered charity in United States, based in Ho Ho Kus, NJ. It received its IRS tax-exemption ruling in April 1993, 33 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, Ho-Ho-Kus Education Foundation Inc reported income of $111k and spending of $108k, spending 97% of its income. Across the 3 years on record, from December 2019 to December 2023, income fell from $240k to $111k (-54%), an average of -32% a year. The sharpest change came in the year to December 2023, when income dropped by 45%. Over the whole period it spent 55% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ho-Ho-Kus Education 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 40th percentile, and in the 47th percentile within NJ. Charities of a similar size with the same main cause include South Elgin High School Booster Foundation ($111k), Hume-Fogg Association ($111k) and Friends of the Keene Public Library ($111k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 3.2% of the total. At year end it held assets of $244k against liabilities of $0, net assets of $244k.