Abstract: For holding an umbrella and collecting the water therefrom, an umbrella holder comprising a casing, which has holes on the top for holding an umbrella and collecting raindrops carried by said umbrella and a shaft projecting over the bottom edge thereof, a sponge received inside said casing to absorb raindrops, a pressure rod movably secured to said casing by a cover, a gasket to seal the gap between said cover and said pressure rod, and a compression spring received in said pressure rod to support said casing in position. Squeezing said casing and said pressure rod against each other causes said sponge to be compressed to drain off the rain which was carried by an umbrella.