Holman Supporting Foundation

Analysis

Holman Supporting Foundation is a registered charity in United States, based in Princeton, NJ. It received its IRS tax-exemption ruling in December 1993, 33 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Holman Supporting Foundation reported income of $162k and spending of $115k, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $118k to $162k (+37%), an average of +8.2% a year. The sharpest change came in the year to December 2021, when income rose by 140%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Holman Supporting Foundation sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 56th percentile within NJ. Charities of a similar size with the same main cause include Veterans Memorial Health Care Foundation of Waukon Iowa ($162k), Little League Baseball Inc ($162k) and Old Washington Community Volunteer Fire Company ($162k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% of the total. At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m.