Holy Family Foundation for the Aged

Analysis

Holy Family Foundation for the Aged is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in February 1986, 40 years ago. 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 October 2023, Holy Family Foundation for the Aged reported income of $113k and spending of $205k, spending 181% of what it took in. Across the 3 years on record, from October 2019 to October 2023, income grew from $30k to $113k (+281%), an average of +95% a year. The sharpest change came in the year to October 2023, when income rose by 319%. Over the whole period it spent 146% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Holy Family Foundation for the Aged sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 40th percentile within VA. Charities of a similar size with the same main cause include PTA Georgia Congress ($113k), Sierra Law Enforcement Chaplaincy Inc ($113k) and Hopewell Volunteer Fire Department Inc ($113k).

At year end it held assets of $591k against liabilities of $0, net assets of $591k.