Community Futures Foundation

Analysis

Community Futures Foundation is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in November 2000, 26 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 2024, Community Futures Foundation reported income of $1.6m and spending of $1.5m, spending 93% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.3m to $1.6m (+23%), an average of +5.4% a year. The sharpest change came in the year to June 2022, when income rose by 25%. Over the whole period it spent 87% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Community Futures Foundation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within VA. Charities of a similar size with the same main cause include Veterans Health Research Institute of Central New York Inc ($1.6m), Central Iowa Recovery Inc ($1.6m) and The Centers for Exceptional Children Inc ($1.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 91% and program service revenue 2.3% of the total. Compensation of current officers, directors and key employees was $189k (13% of expenses). Other salaries and wages came to $740k. At year end it held assets of $2.4m against liabilities of $444k, net assets of $2.0m. It reported 24 employees.