Not Forgotten Inc

Analysis

Not Forgotten Inc is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in November 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 December 2023, Not Forgotten Inc reported income of $682k and spending of $936k, spending 137% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $514k to $682k (+33%), an average of +7.3% a year. The sharpest change came in the year to December 2022, when income rose by 40%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Not Forgotten Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 78th percentile within AL. Charities of a similar size with the same main cause include Pennsylvania Diversity Childrens Organization Inc ($681k), Tri-County Safe Harbor Inc ($682k) and Reba Early Learning Center ($681k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $17k (1.8% of expenses). At year end it held assets of $345k against liabilities of $4,651, net assets of $340k. It reported 1 employees.