Mr Hollands Opus Foundation Inc

Analysis

Mr Hollands Opus Foundation Inc is a registered charity in United States, based in Burbank, CA. It received its IRS tax-exemption ruling in March 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, Mr Hollands Opus Foundation Inc reported income of $2.1m and spending of $1.9m, spending 94% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.8m to $2.1m (+12%), an average of +3.8% a year. The sharpest change came in the year to June 2022, when income rose by 317%. Over the whole period it spent 59% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mr Hollands Opus Foundation Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include Marathon Public Library ($2.1m), Primary Montessori Day School ($2.1m) and Rooted ($2.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $155k (8.0% of expenses). Other salaries and wages came to $386k. At year end it held assets of $6.7m against liabilities of $126k, net assets of $6.6m. It reported 8 employees.