Holly Hall

Analysis

Holly Hall is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in October 1954, 72 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 March 2023, Holly Hall reported income of $12.0m and spending of $13.6m, spending 114% of what it took in. Across the 5 years on record, from March 2019 to March 2023, income grew from $11.2m to $12.0m (+6.5%), an average of +1.6% a year. Over the whole period it spent 112% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Holly Hall sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within TX. Charities of a similar size with the same main cause include Family & Childrens Place Inc ($12.0m), Specialized Alternatives for Families and Youth of Kentucky Inc ($12.0m) and Jewish Community Housing Corporation ($12.0m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 21% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $334k (2.5% of expenses). Other salaries and wages came to $5.0m. At year end it held assets of $39.2m against liabilities of $1.3m, net assets of $37.9m. It reported 217 employees.

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.