Holiday Whopla Inc

Analysis

Holiday Whopla Inc is a registered charity in United States, based in Middletown, OH. It received its IRS tax-exemption ruling in August 2022, 4 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Holiday Whopla Inc reported income of $135k and spending of $131k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $339k to $135k (-60%), an average of -60% a year. The sharpest change came in the year to December 2023, when income dropped by 60%. Over the whole period it spent 93% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Holiday Whopla Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 45th percentile within OH. Charities of a similar size with the same main cause include Washington Space Business Roundtable D C Inc ($135k), Platteville Mainstreet Program ($135k) and Maryland State Council Knights of Columbus Charity Fund Inc ($135k).

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 $35k against liabilities of $0, net assets of $35k.