Go Forward Education Foundation Inc

Analysis

Go Forward Education Foundation Inc is a registered charity in United States, based in Newtown, PA. It received its IRS tax-exemption ruling in February 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Go Forward Education Foundation Inc reported income of $54k and spending of $35k, leaving 35% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $22k to $54k (+148%), an average of +148% a year. The sharpest change came in the year to December 2023, when income rose by 148%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Go Forward Education Foundation Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 20th percentile within PA. Charities of a similar size with the same main cause include East Allen County Schools Educational Foundation Inc ($54k), Heritage Elementary School Parent Teacher Organization ($54k) and Nooksack Valley Scholarship Foundation ($54k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $35k against liabilities of $0, net assets of $35k.