Holley Family Village Inc

Analysis

Holley Family Village Inc is a registered charity in United States, based in Brooklyn, MI. It received its IRS tax-exemption ruling in July 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Holley Family Village Inc reported income of $665k and spending of $469k, leaving 29% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $294k to $665k (+126%), an average of +31% a year. The sharpest change came in the year to December 2022, when income rose by 170%. Over the whole period it spent 69% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Holley Family Village Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within MI. Charities of a similar size with the same main cause include Brownsburg Band & Orchestra Parents Inc ($665k), FS Key Elementary Parent-Teacher Organization ($665k) and Harambe Endeavor Alliance ($665k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $36k (7.7% of expenses). Other salaries and wages came to $100k. At year end it held assets of $959k against liabilities of $9,532, net assets of $950k. It reported 22 employees.