Folds of Honor Foundation

Analysis

Folds of Honor Foundation is a registered charity in United States, based in Chesterfield, MO. 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 $1.6m and spending of $1.6m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $41k to $1.6m (+3661%), an average of +148% a year. The sharpest change came in the year to December 2020, when income rose by 1016%. 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 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 82nd percentile within MO. Charities of a similar size with the same main cause include Bookworm Gardens ($1.6m), Phoenix Charter Academy Foundation ($1.6m) and Camp Catanese Foundation ($1.6m).

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 $71k against liabilities of $0, net assets of $71k.