Forgiving for Living Inc

Analysis

Forgiving for Living Inc is a registered charity in United States, based in Upland, CA. It received its IRS tax-exemption ruling in April 2001, 25 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 December 2023, Forgiving for Living Inc reported income of $50k and spending of $42k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $43k to $50k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 111% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Forgiving for Living Inc sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 21st percentile within CA. Charities of a similar size with the same main cause include Nora Sandig Children Foundation Inc ($50k), Inter-Mujeres Puerto Rico Corporacion ($50k) and Goodwill Association of Michigan ($50k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 4.7% and program service revenue 95% of the total. At year end it held assets of $63k against liabilities of $0, net assets of $63k.