Folds of Honor Foundation

Analysis

Folds of Honor Foundation is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in June 2020, 6 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 $487k and spending of $491k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $283k to $487k (+72%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 375%. Over the whole period it spent 99% 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 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 66th percentile within NY. Charities of a similar size with the same main cause include S D Continuing Legal Education Inc ($487k), Teaching Peace ($487k) and Regenesis Institute for Regenerative Practice ($486k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% of the total. At year end it held assets of $12k against liabilities of $0, net assets of $12k.