Face the Future Foundation

Analysis

Face the Future Foundation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in November 2006, 20 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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 June 2024, Face the Future Foundation reported income of $141k and spending of $144k, spending 102% of its income. Across the 4 years on record, from June 2019 to June 2024, income fell from $439k to $141k (-68%), an average of -32% a year. The sharpest change came in the year to June 2020, when income dropped by 49%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Face the Future Foundation sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within IL. Charities of a similar size with the same main cause include Baum Harmon Mercy Hospital and Clinics Foundation ($141k), Noah Support Corporation ($141k) and Bustin Out of Boise ($141k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 42% of the total. At year end it held assets of $167k against liabilities of $15k, net assets of $152k.