Forgotten Children Ministries

Analysis

Forgotten Children Ministries is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in December 2003, 23 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 December 2023, Forgotten Children Ministries reported income of $1.1m and spending of $1.2m, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.5m to $1.1m (-29%), an average of -8.1% a year. The sharpest change came in the year to December 2020, when income dropped by 19%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Forgotten Children Ministries sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 84th percentile within AL. Charities of a similar size with the same main cause include Kavana ($1.1m), Uprising Incorporated ($1.1m) and Richmond Hill Incorporated ($1.1m).

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 $101k (8.1% of expenses). Other salaries and wages came to $104k. At year end it held assets of $1.6m against liabilities of $12k, net assets of $1.6m. It reported 3 employees.