Secured Futures Inc

Analysis

Secured Futures Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in May 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Secured Futures Inc reported income of $2.6m and spending of $2.5m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.8m to $2.6m (-5.1%), an average of -1.3% a year. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Secured Futures Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 86th percentile within AZ. Charities of a similar size with the same main cause include Brain Injury Association of Massachusetts Inc ($2.6m), Newbridge Madison Inc ($2.6m) and Natrona County Meals on Wheels ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $392k against liabilities of $392k, net assets of $0.