Folds of Honor Foundation

Analysis

Folds of Honor Foundation is a registered charity in United States, based in Cary, NC. 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 $189k and spending of $188k, spending 100% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $203k to $189k (-7.0%), an average of -3.6% a year. The sharpest change came in the year to December 2022, when income dropped by 18%. 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 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within NC. Charities of a similar size with the same main cause include Silver Shield Association Education Fund Inc ($189k), Denton High School Bronco Band Boosters Club Inc ($189k) and Gamma Zeta Boule Foundation ($189k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $16k against liabilities of $0, net assets of $16k.