Forward Stride

Analysis

Forward Stride is a registered charity in United States, based in Beaverton, OR. It received its IRS tax-exemption ruling in February 2004, 22 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, Forward Stride reported income of $1.3m and spending of $1.4m, spending 112% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.6m to $1.3m (-22%), an average of -5.9% a year. The sharpest change came in the year to June 2021, when income rose by 28%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Forward Stride sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within OR. Charities of a similar size with the same main cause include Summers County Council on Aging ($1.3m), Richmond Interagency Transportation Inc ($1.3m) and Heartbeat International Missions ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 48% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $79k (5.6% of expenses). Other salaries and wages came to $560k. At year end it held assets of $3.5m against liabilities of $2.2m, net assets of $1.3m. It reported 40 employees.