Communities Moving Forward

Analysis

Communities Moving Forward is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in March 2013, 13 years ago. 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, Communities Moving Forward reported income of $70k and spending of $656k, spending 940% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $299k to $70k (-77%), an average of -30% a year. The sharpest change came in the year to December 2023, when income dropped by 79%. Over the whole period it spent 519% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Communities Moving Forward sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 30th percentile within CA. Charities of a similar size with the same main cause include Ashwaubenon Nursery School Inc ($70k), Mark Scrivener Ministries Incorporated ($70k) and Child Friendly Courts Foundation ($70k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 447% of the total. Compensation of current officers, directors and key employees was $142k (22% of expenses). Other salaries and wages came to $32k. At year end it held assets of $6.9m against liabilities of $142k, net assets of $6.8m. It reported 2 employees.

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.