Social Holding Foundation Corp

Analysis

Social Holding Foundation Corp is a registered charity in United States, based in San Juan, PR. It received its IRS tax-exemption ruling in October 2024, 2 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Social Holding Foundation Corp reported income of $54k and spending of $103k, spending 190% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $56k to $54k (-3.3%), an average of -1.1% a year. Over the whole period it spent 448% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Social Holding Foundation Corp sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 16th percentile within PR. Charities of a similar size with the same main cause include Oklahoma Youth Hunting and Shooting Program Inc ($54k), Western Loudoun Lacrosse ($54k) and Sierra Roller Hockey League ($54k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $3.8m against liabilities of $2.0m, net assets of $1.8m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.