Shiftforward Inc

Analysis

Shiftforward Inc is a registered charity in United States, based in Lake City, FL. It received its IRS tax-exemption ruling in August 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 July 2024, Shiftforward Inc reported income of $69k and spending of $129k, spending 186% of what it took in. Across the 2 years on record, from July 2023 to July 2024, income fell from $352k to $69k (-80%), an average of -80% a year. The sharpest change came in the year to July 2024, when income dropped by 80%. Over the whole period it spent 62% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Shiftforward 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 27th percentile, and in the 31st percentile within FL. Charities of a similar size with the same main cause include Dallas Society of Visual Communications Foundation ($69k), Maximus Janton Foundation Inc ($69k) and Azz Cares Foundation ($69k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 83% of the total. Other salaries and wages came to $78k. At year end it held assets of $210k against liabilities of $0, net assets of $210k. It reported 2 employees.