California Forward

Analysis

California Forward is a registered charity in United States, based in Hercules, CA. It received its IRS tax-exemption ruling in January 2008, 18 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable 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, California Forward reported income of $2.7m and spending of $4.8m, spending 179% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $4.5m to $2.7m (-41%), an average of -12% a year. The sharpest change came in the year to June 2022, when income rose by 262%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, California Forward sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include I U O E Local 158 Training Fund ($2.7m), Citizens United Foundation ($2.7m) and H & T Medicals Inc ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $895k (19% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $2.1m against liabilities of $444k, net assets of $1.6m. It reported 24 employees.