Fact Forward

Analysis

Fact Forward is a registered charity in United States, based in Columbia, SC. It received its IRS tax-exemption ruling in August 1996, 30 years ago. Its declared purposes cover education, which this site groups under education and training. 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 September 2023, Fact Forward reported income of $3.6m and spending of $3.9m, spending 109% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $4.8m to $3.6m (-25%), an average of -6.9% a year. The sharpest change came in the year to September 2021, when income rose by 25%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fact Forward sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 92nd percentile within SC. Charities of a similar size with the same main cause include Gulf Coast Safety Council ($3.6m), Mse ($3.6m) and School Board Partners ($3.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 97% and program service revenue 2.4% of the total. Compensation of current officers, directors and key employees was $178k (4.6% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $1.1m against liabilities of $442k, net assets of $657k. It reported 22 employees.