Holla

Analysis

Holla is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in October 2002, 24 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 June 2024, Holla reported income of $1.3m and spending of $1.4m, spending 108% of what it took in. Across the 6 years on record, from December 2019 to June 2024, income grew from $320k to $1.3m (+301%), an average of +32% a year. The sharpest change came in the year to December 2020, when income rose by 181%. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Holla sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within OR. Charities of a similar size with the same main cause include Beach Cities Swimming ($1.3m), Illinois Association of Park Districts ($1.3m) and Southern Soccer Coalition Inc ($1.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 106% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $116k (8.4% of expenses). Other salaries and wages came to $595k. At year end it held assets of $413k against liabilities of $13k, net assets of $399k. It reported 21 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.