Foreverdads

Analysis

Foreverdads is a registered charity in United States, based in Zanesville, OH. It received its IRS tax-exemption ruling in September 2006, 20 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Foreverdads reported income of $641k and spending of $458k, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $461k to $641k (+39%), an average of +8.6% a year. The sharpest change came in the year to December 2023, when income rose by 49%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Foreverdads sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within OH. Charities of a similar size with the same main cause include Senior Resource Center Inc ($641k), North Shore Area Partners ($641k) and Committee Against Spouse Abuse Inc ($641k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $60k (13% of expenses). Other salaries and wages came to $127k. At year end it held assets of $609k against liabilities of $22k, net assets of $587k. It reported 9 employees.