Forget-Me-Not Baskets Inc

Analysis

Forget-Me-Not Baskets Inc is a registered charity in United States, based in Creston, OH. It received its IRS tax-exemption ruling in February 2010, 16 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 December 2023, Forget-Me-Not Baskets Inc reported income of $152k and spending of $145k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $128k to $152k (+20%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Forget-Me-Not Baskets Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within OH. Charities of a similar size with the same main cause include Yalla Kafala ($152k), Hagars Heart ($152k) and Applied Theatre Center Inc ($152k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% of the total. Compensation of current officers, directors and key employees was $19k (13% of expenses). Other salaries and wages came to $9,563. At year end it held assets of $80k against liabilities of $1,390, net assets of $78k. It reported 2 employees.