Forge Flint

Analysis

Forge Flint is a registered charity in United States, based in Flint, MI. It received its IRS tax-exemption ruling in April 2016, 10 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Forge Flint reported income of $91k and spending of $84k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $124k to $91k (-27%), an average of -27% a year. The sharpest change came in the year to December 2023, when income dropped by 27%. Over the whole period it spent 72% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Forge Flint sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 34th percentile within MI. Charities of a similar size with the same main cause include Villa Madonna South Elderly Housing Corporation ($91k), Homefront Non Profit Housing Corporation ($91k) and Turrell Place Apartments ($91k).

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 $128k against liabilities of $0, net assets of $128k.