Familyforward

Analysis

Familyforward is a registered charity in United States, based in Arlington HTS, IL. It received its IRS tax-exemption ruling in July 2004, 22 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2024, Familyforward reported income of $412k and spending of $374k, spending 91% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $275k to $412k (+50%), an average of +11% a year. The sharpest change came in the year to June 2024, when income rose by 34%. Over the whole period it spent 96% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Familyforward sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within IL. Charities of a similar size with the same main cause include Lutheran Social Services of Central Ohio Pleasant View Housing Inc ($412k), William Booth Residence Inc ($412k) and The Development Corporation of Orchard Knob Inc ($412k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $114k (31% of expenses). Other salaries and wages came to $15k. At year end it held assets of $280k against liabilities of $4,188, net assets of $276k. It reported 3 employees.