Forward Foundation

Analysis

Forward Foundation is a registered charity in United States, based in Fargo, ND. It received its IRS tax-exemption ruling in June 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Forward Foundation reported income of $333k and spending of $175k, leaving 48% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $167k to $333k (+99%), an average of +19% a year. The sharpest change came in the year to December 2020, when income rose by 40%. Over the whole period it spent 77% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Forward Foundation sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 58th percentile within ND. Charities of a similar size with the same main cause include Lakes Life Care Center ($333k), Ampleharvest Org ($333k) and Peace Center ($333k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 106% of the total. At year end it held assets of $894k against liabilities of $0, net assets of $894k.