Forum for the Future of Higher Education

Analysis

Forum for the Future of Higher Education is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in June 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, Forum for the Future of Higher Education reported income of $597k and spending of $1.0m, spending 168% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.2m to $597k (-50%), an average of -16% a year. The sharpest change came in the year to June 2021, when income dropped by 67%. Over the whole period it spent 148% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Forum for the Future of Higher Education sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within MA. Charities of a similar size with the same main cause include Burlington Little School ($597k), Covenant Community School Inc ($597k) and Santa Clara Schools Foundation ($597k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $2.1m against liabilities of $960k, net assets of $1.1m.

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.