Futuresnw

Analysis

Futuresnw is a registered charity in United States, based in Bellingham, WA. It received its IRS tax-exemption ruling in March 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Futuresnw reported income of $459k and spending of $350k, leaving 24% of income unspent that year. Across the 3 years on record, from December 2020 to December 2023, income grew from $101k to $459k (+353%), an average of +113% a year. The sharpest change came in the year to December 2022, when income rose by 143%. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Futuresnw sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within WA. Charities of a similar size with the same main cause include Middle School of the Arts Foundation Inc ($459k), Kutztown Resource Management Inc ($459k) and Campus Middle School for Girls ($459k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $125k (36% of expenses). Other salaries and wages came to $143k. At year end it held assets of $227k against liabilities of $0, net assets of $227k. It reported 18 employees.