Future Directions Consumer Operated Service Inc

Analysis

Future Directions Consumer Operated Service Inc is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in January 2017, 9 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, Future Directions Consumer Operated Service Inc reported income of $507k and spending of $575k, spending 113% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $219k to $507k (+131%), an average of +18% a year. The sharpest change came in the year to December 2019, when income rose by 90%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Future Directions Consumer Operated Service Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within OH. Charities of a similar size with the same main cause include Servicios Latinos de Burlington County Inc ($507k), Interfaith Food Bank Inc ($507k) and Bethel Sanitarium Inc ($507k).

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 $64k (11% of expenses). Other salaries and wages came to $246k. At year end it held assets of $250k against liabilities of $7,093, net assets of $243k. It reported 12 employees.