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Pressing Forward Inc

RegisteredEIN 05-0593897Minneapolis, MNHealth and saving lives
Income$71k2023-12
Spending$61ksame year
Spent / received88%3-year average
Size in its cause21st pctHealth and saving lives
Exempt since2017Publicly supported organisat
Employees–latest return

Analysis

Pressing Forward Inc is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in November 2017, 9 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 2023, Pressing Forward Inc reported income of $71k and spending of $61k, spending 86% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $94k to $71k (-24%), an average of -13% a year. The sharpest change came in the year to December 2022, when income rose by 140%. Over the whole period it spent 88% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Pressing Forward Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 25th percentile within MN. Charities of a similar size with the same main cause include Neighborhood Connections to Health Inc ($71k), Renji Ventures Inc ($71k) and Diversity Management Group Incorporated ($71k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 66% of the total. At year end it held assets of $824 against liabilities of $5,000, net assets of -$4,176.

Income and spending

$0$56k$113k$169k$226k2021 Income: $93,9142021 Spending: $73,59720212022 Income: $225,6982022 Spending: $210,05420222023 Income: $71,0952023 Spending: $60,7912023
IncomeSpending

Where the income comes from

  • Contributions & grants 34%
  • Program services 66%

Similar-sized charities, same cause

CharityLocationIncome
Neighborhood Connections to Health IncFreehold$71k
Renji Ventures IncMonterey Park$71k
Diversity Management Group IncorporatedRosedale$71k
Siouxland Community Health FoundationSioux City$71k