Forward Learning Youth and Young Adults Inc

Analysis

Forward Learning Youth and Young Adults Inc is a registered charity in United States, based in Fitchburg, WI. It received its IRS tax-exemption ruling in April 2013, 13 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Learning Youth and Young Adults Inc reported income of $1.3m and spending of $1.2m, spending 93% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $948k to $1.3m (+33%), an average of +9.9% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Forward Learning Youth and Young Adults Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within WI. Charities of a similar size with the same main cause include 3rd Decade Inc ($1.3m), Sioux Falls Ministry Center ($1.3m) and Arlington Hearts and Hands Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.1% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $140k (12% of expenses). Other salaries and wages came to $712k. At year end it held assets of $1.3m against liabilities of $1.0m, net assets of $318k. It reported 21 employees.