Future Link Inc

Analysis

Future Link Inc is a registered charity in United States, based in Rockville, MD. It received its IRS tax-exemption ruling in June 2008, 18 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 June 2023, Future Link Inc reported income of $958k and spending of $642k, leaving 33% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $426k to $958k (+125%), an average of +31% a year. The sharpest change came in the year to June 2023, when income rose by 59%. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Future Link Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within MD. Charities of a similar size with the same main cause include Jab Cares ($957k), Afghan Support Network ($958k) and Nourishing Bethesda Inc ($957k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $113k (18% of expenses). Other salaries and wages came to $274k. At year end it held assets of $942k against liabilities of $77k, net assets of $865k. It reported 6 employees.