Folds of Honor Foundation

Analysis

Folds of Honor Foundation is a registered charity in United States, based in Toledo, OH. 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 $713k and spending of $580k, spending 81% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $373k to $713k (+91%), an average of +38% a year. The sharpest change came in the year to December 2023, when income rose by 61%. Over the whole period it spent 82% 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 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within OH. Charities of a similar size with the same main cause include Wildflower Foundation ($712k), Summit Academy Inc ($713k) and South Carolina First Steps to School Readiness Board of Trustees ($712k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 136% of the total. At year end it held assets of $273k against liabilities of $0, net assets of $273k.