Center for Future Global Leaders
Analysis
Center for Future Global Leaders is a registered charity in United States, based in Irvine, CA. It received its IRS tax-exemption ruling in June 2009, 17 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 December 2023, Center for Future Global Leaders reported income of $1.0m and spending of $1.3m, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $977k to $1.0m (+4.8%), an average of +1.2% a year. The sharpest change came in the year to December 2022, when income rose by 88%. Over the whole period it spent 106% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Center for Future Global Leaders sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include West Deptford Free Public Library ($1.0m), Horizons Academy of Maui Inc ($1.0m) and American Friends of Amaleh Shel Torah Inc ($1.0m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 86% of the total. Other salaries and wages came to $463k. At year end it held assets of $44k against liabilities of $250k, net assets of -$206k. It reported 16 employees.
Income and spending
Where the income comes from
- Contributions & grants 12%
- Program services 86%
- Other 1.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| West Deptford Free Public Library | West Deptford | $1.0m |
| Horizons Academy of Maui Inc | Kihei | $1.0m |
| American Friends of Amaleh Shel Torah Inc | Lakewood | $1.0m |
| Constellation Learning Institute | Chapel Hill | $1.0m |