Bobby Holloway Memorial Corp

Analysis

Bobby Holloway Memorial Corp is a registered charity in United States, based in St James City, FL. It received its IRS tax-exemption ruling in January 2008, 18 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 2022, Bobby Holloway Memorial Corp reported income of $125k and spending of $98k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2021 to December 2022, income grew from $74k to $125k (+71%), an average of +71% a year. The sharpest change came in the year to December 2022, when income rose by 71%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bobby Holloway Memorial Corp sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 47th percentile within FL. Charities of a similar size with the same main cause include Danville Public Schools Education Foundation Inc ($125k), Faulkner County Leadership Institute Inc ($126k) and Institute for Tropical Ecology and Conservation Inc ($125k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 115% of the total. At year end it held assets of $142k against liabilities of $0, net assets of $142k.