Folds of Honor Foundation

Analysis

Folds of Honor Foundation is a registered charity in United States, based in Wexford, PA. 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 $485k and spending of $454k, spending 94% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $478k to $485k (+1.5%), an average of +0.8% a year. The sharpest change came in the year to December 2023, when income rose by 37%. 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 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 68th percentile within PA. Charities of a similar size with the same main cause include Friends of Amateur Rocketry Inc ($485k), Anoka Ramsey Community College Foundation ($485k) and Nonprofit Hub ($485k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% of the total. At year end it held assets of $58k against liabilities of $0, net assets of $58k.