Future Leaders of Americafoundation Inc
Analysis
Future Leaders of Americafoundation Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in July 2007, 19 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, Future Leaders of Americafoundation Inc reported income of $36.6m and spending of $36.6m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $33.6m to $36.6m (+8.9%), an average of +2.1% a year. The sharpest change came in the year to December 2021, when income rose by 351%. Over the whole period it spent 100% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Future Leaders of Americafoundation Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within IL. Charities of a similar size with the same main cause include Garrison Forest School Inc ($36.5m), University of Sioux Falls ($36.6m) and Huntingdon College ($36.5m).
On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $380k against liabilities of $0, net assets of $380k.
Income and spending
Where the income comes from
- Program services 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Garrison Forest School Inc | Owings Mills | $36.5m |
| University of Sioux Falls | Sioux Falls | $36.6m |
| Huntingdon College | Montgomery | $36.5m |
| Yosemite Valley Charter School | Fresno | $36.6m |