Folds of Honor Foundation

Analysis

Folds of Honor Foundation is a registered charity in United States, based in Edmond, OK. 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 2022, Folds of Honor Foundation reported income of $861k and spending of $892k, spending 104% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $572k to $861k (+51%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 249%. Over the whole period it spent 100% 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 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 79th percentile within OK. Charities of a similar size with the same main cause include Shiloh Christian Academy Foundation ($861k), Gloria Dei Montessori School ($861k) and Mississippi Farm Bureau Foundation & Relief Fund Inc ($861k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 81% of the total. At year end it held assets of $42k against liabilities of $0, net assets of $42k.