Forward Advantage Foundation Inc

Analysis

Forward Advantage Foundation Inc is a registered charity in United States, based in Fresno, CA. It received its IRS tax-exemption ruling in May 2013, 13 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Forward Advantage Foundation Inc reported income of $534k and spending of $570k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $912k to $534k (-41%), an average of -12% a year. The sharpest change came in the year to December 2023, when income rose by 254%. Over the whole period it spent 76% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Forward Advantage Foundation 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 71st percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include Focus on Children Now Inc ($534k), Korean American Education Foundation Inc ($534k) and Sunny Foundation ($534k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $703k against liabilities of $0, net assets of $703k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.