Future Focused Education
Analysis
Future Focused Education is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in April 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Future Focused Education reported income of $7.6m and spending of $4.2m, leaving 45% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.0m to $7.6m (+655%), an average of +66% a year. The sharpest change came in the year to June 2023, when income rose by 242%. Over the whole period it spent 78% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Future Focused Education sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within NM. Charities of a similar size with the same main cause include Alpha Kappa Alpha Educational Advancement Foundation Inc ($7.6m), Urban Discovery Schools ($7.6m) and Hill for Literacy Inc ($7.6m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $314k (7.5% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $5.2m against liabilities of $339k, net assets of $4.8m. It reported 213 employees.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Other 1.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Alpha Kappa Alpha Educational Advancement Foundation Inc | Chicago | $7.6m |
| Urban Discovery Schools | San Diego | $7.6m |
| Hill for Literacy Inc | Boston | $7.6m |
| Institute for Native Pacific Education and Culture | Kapolei | $7.6m |