Forward Wayne

Analysis

Forward Wayne is a registered charity in United States, based in Wayne, NE. It received its IRS tax-exemption ruling in October 1983, 43 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Forward Wayne reported income of $210k and spending of $133k, leaving 37% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $113k to $210k (+87%), an average of +87% a year. The sharpest change came in the year to December 2023, when income rose by 87%. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Forward Wayne sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within NE. Charities of a similar size with the same main cause include The Alliance Francaise of Greater Orlando Inc ($210k), Concern Hotline Inc ($210k) and Towner County Ambulance Service Inc ($210k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% of the total. Other salaries and wages came to $44k. At year end it held assets of $429k against liabilities of $217k, net assets of $211k. It reported 5 employees.