Futurechurch

Analysis

Futurechurch is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in July 1996, 30 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Futurechurch reported income of $567k and spending of $393k, leaving 31% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $459k to $567k (+23%), an average of +5.4% a year. The sharpest change came in the year to June 2021, when income rose by 81%. Over the whole period it spent 73% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Futurechurch sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within OH. Charities of a similar size with the same main cause include Swaminarayan Shubh Sanskar Sanstha Inc ($567k), Marys Ministries Inc ($567k) and Issachar Center ($567k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% and program service revenue 5.7% of the total. Other salaries and wages came to $151k. At year end it held assets of $924k against liabilities of $8,818, net assets of $915k. It reported 2 employees.