Rethinkforward Inc

Analysis

Rethinkforward Inc is a registered charity in United States, based in Fort Lauderdale, FL. It received its IRS tax-exemption ruling in June 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Rethinkforward Inc reported income of $7.4m and spending of $6.2m, spending 83% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $5.8m to $7.4m (+28%), an average of +28% a year. The sharpest change came in the year to June 2023, when income rose by 28%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rethinkforward Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within FL. Charities of a similar size with the same main cause include Beginning with Children Foundation Inc ($7.4m), Western States Learning Corporation ($7.4m) and Twin Rivers Charter School ($7.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 2.5% of the total. Other salaries and wages came to $2.3m. At year end it held assets of $13.7m against liabilities of $11.8m, net assets of $1.9m. It reported 84 employees.