Frontstream Global Fund

Analysis

Frontstream Global Fund is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in December 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, Frontstream Global Fund reported income of $18.8m and spending of $18.8m, spending 100% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $704k to $18.8m (+2574%), an average of +199% a year. The sharpest change came in the year to June 2021, when income rose by 1412%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Frontstream Global Fund sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 93rd percentile within DC. Charities of a similar size with the same main cause include Connie Maxwell Childrens Home ($18.8m), Collabria Care ($18.8m) and Community Action Program of Evansville and Vanderburgh County ($18.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.7% of the total. At year end it held assets of $510k against liabilities of $496k, net assets of $14k.