4ward Miami Inc

Analysis

4ward Miami Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in November 2017, 9 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 June 2023, 4ward Miami Inc reported income of $95k and spending of $58k, leaving 39% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $59k to $95k (+62%), an average of +18% a year. The sharpest change came in the year to June 2022, when income dropped by 2091%. Over the whole period it spent 238% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, 4ward Miami Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 39th percentile within FL. Charities of a similar size with the same main cause include Mosdos Lelov Inc ($95k), Howell Area Chamber of Commerce Foundation ($95k) and Women S Congressional Staff Foundation ($95k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 126% of the total. Other salaries and wages came to $8,750. At year end it held assets of $0 against liabilities of $46k, net assets of -$46k. It reported 1 employees.