Hollis Foundation

Analysis

Hollis Foundation is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hollis Foundation reported income of $10.5m and spending of $3.2m, leaving 70% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $10.5m (+556%), an average of +60% a year. The sharpest change came in the year to December 2020, when income rose by 1053%. Over the whole period it spent 37% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Hollis Foundation sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within OR. Charities of a similar size with the same main cause include Desert Community Foundation ($10.5m), North Valley Community Foundation ($10.5m) and Serv Properties and Management Inc ($10.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $89.4m against liabilities of $235k, net assets of $89.1m.