Folds of Honor Foundation

Analysis

Folds of Honor Foundation is a registered charity in United States, based in Grand Haven, MI. It received its IRS tax-exemption ruling in December 2015, 11 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 2023, Folds of Honor Foundation reported income of $408k and spending of $422k, spending 104% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $247k to $408k (+65%), an average of +28% a year. The sharpest change came in the year to December 2022, when income rose by 172%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Folds of Honor Foundation sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within MI. Charities of a similar size with the same main cause include Juan Felipe Gomez Escobar Foundation Inc ($408k), Azmera ($408k) and Helena Education Foundation ($407k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 114% of the total. At year end it held assets of $126k against liabilities of $0, net assets of $126k.