Forum for the Future US Inc

Analysis

Forum for the Future US Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 2015, 11 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, Forum for the Future US Inc reported income of $3.8m and spending of $3.2m, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.1m to $3.8m (+76%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 95%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Forum for the Future US Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 88th percentile within NY. Charities of a similar size with the same main cause include Liberty Village ($3.8m), Catholic Charities of South Carolina ($3.8m) and Davis Phinney Foundation ($3.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $190k (6.0% of expenses). Other salaries and wages came to $722k. At year end it held assets of $1.5m against liabilities of $494k, net assets of $1.0m. It reported 13 employees.