Forefront

Analysis

Forefront is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in June 1974, 52 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2023, Forefront reported income of $22.6m and spending of $10.0m, leaving 56% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.8m to $22.6m (+291%), an average of +41% a year. The sharpest change came in the year to June 2020, when income rose by 67%. Over the whole period it spent 71% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Forefront 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 97th percentile, and in the 97th percentile within IL. Charities of a similar size with the same main cause include Nema Foundation Inc ($22.6m), Just One Project ($22.6m) and Sibley Medical Center ($22.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 2.9% of the total. Compensation of current officers, directors and key employees was $510k (5.1% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $26.1m against liabilities of $5.1m, net assets of $21.0m. It reported 36 employees.