Friends of Holy Innocents

Analysis

Friends of Holy Innocents is a registered charity in United States, based in Covina, CA. It received its IRS tax-exemption ruling in January 2024, 2 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Friends of Holy Innocents reported income of $500k and spending of $696k, spending 139% of what it took in. Across the 2 years on record, from December 2020 to December 2023, income fell from $1.0m to $500k (-50%), an average of -50% a year. The sharpest change came in the year to December 2023, when income dropped by 50%. Over the whole period it spent 69% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Friends of Holy Innocents sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include Nics Care Foundation ($500k), Hope Ministries of Northeast Texas ($500k) and St Stephens Durham Endowment ($500k).

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 $658k against liabilities of $0, net assets of $658k.