Families Forward

Analysis

Families Forward is a registered charity in United States, based in Irvine, CA. It received its IRS tax-exemption ruling in October 1985, 41 years ago. 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 September 2023, Families Forward reported income of $11.6m and spending of $10.7m, spending 92% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $6.4m to $11.6m (+81%), an average of +16% a year. The sharpest change came in the year to September 2021, when income rose by 133%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Families Forward sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include St Johns Volunteers ($11.6m), Lexington Medical Center Foundation Inc ($11.6m) and Evansville Rescue Mission Inc ($11.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 94% and program service revenue 6.1% of the total. Compensation of current officers, directors and key employees was $554k (5.2% of expenses). Other salaries and wages came to $3.4m. At year end it held assets of $28.8m against liabilities of $4.1m, net assets of $24.7m. It reported 86 employees.