Holos Inc

Analysis

Holos Inc is a registered charity in United States, based in N Hollywood, CA. It received its IRS tax-exemption ruling in May 1995, 31 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2022, Holos Inc reported income of $35.6m and spending of $3.8m, leaving 89% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $2.3m to $35.6m (+1465%), an average of +150% a year. The sharpest change came in the year to December 2022, when income rose by 634%. Over the whole period it spent 24% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Holos Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include John Burroughs School ($35.6m), Friends Academy ($35.6m) and Salisbury School Inc ($35.6m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 86% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $458k (12% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $53.6m against liabilities of $16.9m, net assets of $36.7m. It reported 20 employees.