Forte International Exchange Assn

Analysis

Forte International Exchange Assn is a registered charity in United States, based in Falls Church, VA. It received its IRS tax-exemption ruling in December 2001, 25 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Forte International Exchange Assn reported income of $1.5m and spending of $1.3m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.5m to $1.5m (-40%), an average of -12% a year. The sharpest change came in the year to December 2020, when income dropped by 61%. Over the whole period it spent 85% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Forte International Exchange Assn sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within VA. Charities of a similar size with the same main cause include International Campaign to Ban Landmines Inc ($1.5m), E-Collaborative for Civic Education ($1.5m) and Lingap Childrens Foundation ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 89% of the total. Compensation of current officers, directors and key employees was $71k (5.6% of expenses). Other salaries and wages came to $447k. At year end it held assets of $4.3m against liabilities of $0, net assets of $4.3m. It reported 7 employees.