Fast Forward

Analysis

Fast Forward is a registered charity in United States, based in Columbia, SC. It received its IRS tax-exemption ruling in May 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Fast Forward reported income of $451k and spending of $476k, spending 106% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $477k to $451k (-5.6%), an average of -1.4% a year. The sharpest change came in the year to June 2021, when income dropped by 15%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fast Forward sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 73rd percentile within SC. Charities of a similar size with the same main cause include Michiana Mennonite Relief Sale Incorporated ($451k), Belington Volunteer Fire Dept Inc ($451k) and Pastoral Counseling Centers of Massachusetts Inc ($451k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $222k against liabilities of $17k, net assets of $206k. It reported 6 employees.