Holden Village

Analysis

Holden Village is a registered charity in United States, based in Chelan, WA. It received its IRS tax-exemption ruling in December 1962, 64 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 October 2023, Holden Village reported income of $2.8m and spending of $3.3m, spending 120% of what it took in. Across the 5 years on record, from October 2019 to October 2023, income grew from $2.6m to $2.8m (+7.6%), an average of +1.8% a year. The sharpest change came in the year to October 2021, when income rose by 37%. Over the whole period it spent 112% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Holden Village sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within WA. Charities of a similar size with the same main cause include Hope Community Center Inc ($2.8m), Minkwon Center for Community Action Inc ($2.8m) and Masbia of Queens ($2.8m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 29% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $188k (5.7% of expenses). Other salaries and wages came to $825k. At year end it held assets of $14.2m against liabilities of $256k, net assets of $13.9m. It reported 85 employees.