Securefutures Foundation Inc

Analysis

Securefutures Foundation Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in June 2007, 19 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 June 2024, Securefutures Foundation Inc reported income of $2.0m and spending of $1.8m, spending 93% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.3m to $2.0m (+47%), an average of +10% a year. The sharpest change came in the year to June 2022, when income rose by 33%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Securefutures Foundation Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within WI. Charities of a similar size with the same main cause include The Banquet ($2.0m), Extrafood Org ($2.0m) and St James Social Service Corporation ($2.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $174k (9.5% of expenses). Other salaries and wages came to $737k. At year end it held assets of $2.5m against liabilities of $435k, net assets of $2.1m. It reported 16 employees.