Forward Fund Inc

Analysis

Forward Fund Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover animal-related, which this site groups under animals. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Forward Fund Inc reported income of $961k and spending of $3.2m, spending 333% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.2m to $961k (-21%), an average of -5.7% a year. The sharpest change came in the year to December 2020, when income rose by 149%. Over the whole period it spent 181% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Forward Fund Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 75th percentile within NY. Charities of a similar size with the same main cause include Endangered Species Coalition ($960k), Tattered Paws and Golden Hearts Rescue ($962k) and Piedmont Wildlife Center ($960k).

At year end it held assets of $27.9m against liabilities of $1.5m, net assets of $26.4m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.