Forget Me Not Project

Analysis

Forget Me Not Project is a registered charity in United States, based in Winston Salem, NC. It received its IRS tax-exemption ruling in April 2012, 14 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 Project reported income of $82k and spending of $60k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $120k to $82k (-31%), an average of -9.0% a year. The sharpest change came in the year to December 2021, when income rose by 133%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Forget Me Not Project sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 30th percentile within NC. Charities of a similar size with the same main cause include Trevor Loughlin Foundation Inc ($82k), Gathering of Friends Inc ($82k) and Hoop for All Foundation ($82k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $60k against liabilities of $0, net assets of $60k.