Folds of Honor Foundation

Analysis

Folds of Honor Foundation is a registered charity in United States, based in Simpsonville, SC. 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 $331k and spending of $267k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $64k to $331k (+415%), an average of +51% a year. The sharpest change came in the year to December 2021, when income rose by 221%. Over the whole period it spent 95% 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 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 68th percentile within SC. Charities of a similar size with the same main cause include Every Child Can Read Inc ($330k), Innovation Institute for Tomorrow Inc ($331k) and Black Hollywood Education and Resource Center ($330k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% of the total. At year end it held assets of $86k against liabilities of $0, net assets of $86k.