Folds of Honor Foundation

Analysis

Folds of Honor Foundation is a registered charity in United States, based in Chagrin Falls, OH. 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 $502k and spending of $456k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $304k to $502k (+65%), an average of +13% a year. The sharpest change came in the year to December 2020, when income rose by 50%. Over the whole period it spent 96% 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 70th percentile within OH. Charities of a similar size with the same main cause include Angels Care Learning Center ($502k), German Club Alumni Foundation Incorporated ($502k) and Cuba Circulating Library Assoc ($502k).

At year end it held assets of $80k against liabilities of $0, net assets of $80k.