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Journey Forward Inc

RegisteredEIN 26-2367620Canton, MAHealth and saving lives
Income$2.0m2023-12
Spending$1.5msame year
Spent / received94%5-year average
Size in its cause71st pctHealth and saving lives
Exempt since2009Publicly supported organisat
Employees22latest return

Analysis

Journey Forward Inc is a registered charity in United States, based in Canton, MA. It received its IRS tax-exemption ruling in November 2009, 17 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Journey Forward Inc reported income of $2.0m and spending of $1.5m, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $2.0m (+8.1%), an average of +2.0% a year. The sharpest change came in the year to December 2022, when income rose by 44%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Journey Forward Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within MA. Charities of a similar size with the same main cause include Health Care Foundation for Ventura County ($2.0m), Central Valley Health Network Inc ($2.0m) and Texas Harm Reduction Alliance ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $137k (8.9% of expenses). Other salaries and wages came to $779k. At year end it held assets of $3.1m against liabilities of $586k, net assets of $2.5m. It reported 22 employees.

Income and spending

$0$492k$984k$1.5m$2.0m2019 Income: $1,820,7342019 Spending: $1,662,90620192020 Income: $1,061,1282020 Spending: $1,401,05620202021 Income: $1,202,4022021 Spending: $1,369,56120212022 Income: $1,736,1212022 Spending: $1,377,02220222023 Income: $1,968,4382023 Spending: $1,544,0202023
IncomeSpending

Where the income comes from

  • Contributions & grants 32%
  • Program services 67%
  • Other 0.4%

Similar-sized charities, same cause

CharityLocationIncome
Health Care Foundation for Ventura CountyVentura$2.0m
Central Valley Health Network IncSacramento$2.0m
Texas Harm Reduction AllianceAustin$2.0m
Exalta HealthGrand Rapids$2.0m