Exceptional Futures Corporation
Analysis
Exceptional Futures Corporation is a registered charity in United States, based in Lawrenceville, GA. It received its IRS tax-exemption ruling in March 2018, 8 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, Exceptional Futures Corporation reported income of $629k and spending of $349k, leaving 45% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $223k to $629k (+181%), an average of +41% a year. The sharpest change came in the year to December 2021, when income rose by 45%. Over the whole period it spent 61% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Exceptional Futures Corporation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within GA. Charities of a similar size with the same main cause include Creating Opportunities ($629k), S M E D Incorporated ($629k) and Open Table Ministry ($628k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 43% of the total. Compensation of current officers, directors and key employees was $85k (24% of expenses). Other salaries and wages came to $161k. At year end it held assets of $757k against liabilities of $6,288, net assets of $750k. It reported 20 employees.
Income and spending
Where the income comes from
- Contributions & grants 41%
- Program services 43%
- Other 16%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Creating Opportunities | Salem | $629k |
| S M E D Incorporated | Atlanta | $629k |
| Open Table Ministry | Durham | $628k |
| George K Bowling Community Park Inc | Edmonton | $629k |