Hollins Communication Research Institute

Analysis

Hollins Communication Research Institute is a registered charity in United States, based in Roanoke, VA. It received its IRS tax-exemption ruling in July 1973, 53 years ago. Its declared purposes cover social science, which this site groups under arts, culture, heritage and science. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Hollins Communication Research Institute reported income of $496k and spending of $470k, spending 95% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $643k to $496k (-23%), an average of -6.3% a year. The sharpest change came in the year to June 2021, when income rose by 44%. Over the whole period it spent 111% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hollins Communication Research Institute sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within VA. Charities of a similar size with the same main cause include Valley Relics ($496k), Florida United Furry Fandom Inc ($496k) and Ethel M Vanderlip Trust 1379 ($496k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 18% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $30k (6.4% of expenses). Other salaries and wages came to $188k. At year end it held assets of $32k against liabilities of $2,188, net assets of $30k. It reported 12 employees.