Forum School Foundation Incorporated

Analysis

Forum School Foundation Incorporated is a registered charity in United States, based in Waldwick, NJ. It received its IRS tax-exemption ruling in July 1966, 60 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Forum School Foundation Incorporated reported income of $236k and spending of $185k, leaving 22% of income unspent that year. Across the 4 years on record, from July 2020 to July 2023, income fell from $666k to $236k (-65%), an average of -29% a year. The sharpest change came in the year to July 2022, when income rose by 74%. Over the whole period it spent 43% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Forum School Foundation Incorporated sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 64th percentile within NJ. Charities of a similar size with the same main cause include Speak It Forward Incorporated ($236k), Little League Baseball Inc ($236k) and A H S Community Services Inc ($236k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 1.4% of the total. At year end it held assets of $6.7m against liabilities of $0, net assets of $6.7m.