Future Stars

Analysis

Future Stars is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in April 2008, 18 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Future Stars reported income of $186k and spending of $104k, leaving 44% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $102k to $186k (+83%), an average of +82% a year. The sharpest change came in the year to December 2023, when income rose by 83%. Over the whole period it spent 54% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Future Stars sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within AZ. Charities of a similar size with the same main cause include Summer of Sass Inc ($186k), Fundacion Los Ninos de Maria Inc ($186k) and Brentwood Oakley Football and Cheer Norcal Wolverines ($186k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.6% of the total. At year end it held assets of $327k against liabilities of $0, net assets of $327k.