Holt International Foundation of China

Analysis

Holt International Foundation of China is a registered charity in United States, based in Eugene, OR. It received its IRS tax-exemption ruling in December 1958, 68 years ago. 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 September 2023, Holt International Foundation of China reported income of $1.6m and spending of $1.7m, spending 105% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $2.8m to $1.6m (-42%), an average of -13% a year. The sharpest change came in the year to September 2023, when income dropped by 26%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Holt International Foundation of China sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within OR. Charities of a similar size with the same main cause include Clear Creek Farm ($1.6m), Boys & Girls Club of Dayton Inc ($1.6m) and Crossroads Sexual Assault Response & Resource Center Inc ($1.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $537k. At year end it held assets of $133k against liabilities of $136k, net assets of -$3,572.