Hollyrod Foundation

Analysis

Hollyrod Foundation is a registered charity in United States, based in Burbank, CA. It received its IRS tax-exemption ruling in February 1999, 27 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 March 2023, Hollyrod Foundation reported income of $648k and spending of $506k, leaving 22% of income unspent that year. Across the 5 years on record, from March 2019 to March 2023, income fell from $717k to $648k (-9.7%), an average of -2.5% a year. The sharpest change came in the year to March 2020, when income rose by 48%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Hollyrod Foundation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Kindred Youth Baseball ($647k), Warrior House of Wny Inc ($648k) and BGB Club Inc ($647k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 196% of the total. It paid $1,549 in professional fundraising fees. At year end it held assets of $251k against liabilities of $0, net assets of $251k.