Folds of Honor Foundation

Analysis

Folds of Honor Foundation is a registered charity in United States, based in Peachtree Cor, GA. It received its IRS tax-exemption ruling in October 2016, 10 years ago. 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 $122k and spending of $127k, spending 104% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $213k to $122k (-43%), an average of -24% a year. The sharpest change came in the year to December 2022, when income dropped by 34%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Folds of Honor Foundation sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 44th percentile within GA. Charities of a similar size with the same main cause include Temple Solel Enfowment Foundation ($122k), Fenton Village Players of Fenton Michigan ($122k) and Pontiac Free Library Association ($122k).

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 $57k against liabilities of $0, net assets of $57k.