FFWD

Analysis

FFWD is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, FFWD reported income of $22.5m and spending of $18.9m, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.7m to $22.5m (+514%), an average of +57% a year. The sharpest change came in the year to December 2022, when income rose by 85%. Over the whole period it spent 82% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, FFWD sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Ocean Reef Foundation Inc ($22.4m), Sibley Medical Center ($22.5m) and Create Foundation Inc ($22.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $496k (2.6% of expenses). Other salaries and wages came to $880k. At year end it held assets of $11.6m against liabilities of $810k, net assets of $10.7m. It reported 13 employees.