Forgotten Children Worldwide Inc

Analysis

Forgotten Children Worldwide Inc is a registered charity in United States, based in Bluffton, IN. It received its IRS tax-exemption ruling in February 2008, 18 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 December 2023, Forgotten Children Worldwide Inc reported income of $5.0m and spending of $4.2m, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.0m to $5.0m (+68%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 77%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Forgotten Children Worldwide Inc sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within IN. Charities of a similar size with the same main cause include District Council of Contra Costa Cty Society of St Vincent de Paul ($5.0m), Braver Angels Inc ($5.0m) and Chrysalis Shelter for Victims of Domestic Violence Inc ($5.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $129k (3.1% of expenses). Other salaries and wages came to $288k. At year end it held assets of $3.4m against liabilities of $41k, net assets of $3.4m. It reported 11 employees.