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Center for Future Global Leaders

RegisteredEIN 20-4140314Irvine, CAEducation and training
Income$1.0m2023-12
Spending$1.3msame year
Spent / received106%5-year average
Size in its cause76th pctEducation and training
Exempt since2009Publicly supported organisat
Employees16latest return

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

$0$421k$842k$1.3m$1.7m2019 Income: $976,5322019 Spending: $819,28320192020 Income: $1,021,0142020 Spending: $1,206,06220202021 Income: $895,6012021 Spending: $1,269,71320212022 Income: $1,683,3242022 Spending: $1,369,79720222023 Income: $1,023,1452023 Spending: $1,267,8642023
IncomeSpending

Where the income comes from

  • Contributions & grants 12%
  • Program services 86%
  • Other 1.6%

Similar-sized charities, same cause

CharityLocationIncome
West Deptford Free Public LibraryWest Deptford$1.0m
Horizons Academy of Maui IncKihei$1.0m
American Friends of Amaleh Shel Torah IncLakewood$1.0m
Constellation Learning InstituteChapel Hill$1.0m