Forward Macon Inc

Analysis

Forward Macon Inc is a registered charity in United States, based in Macon, GA. It received its IRS tax-exemption ruling in August 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Forward Macon Inc reported income of $155k and spending of $635k, spending 410% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $2.5m to $155k (-94%), an average of -75% a year. The sharpest change came in the year to December 2022, when income dropped by 96%. Over the whole period it spent 70% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Forward Macon Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 51st percentile within GA. Charities of a similar size with the same main cause include Waconia Choir Boosters ($155k), Providence Christian Academy ($155k) and TFCC America ($155k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.0m against liabilities of $89k, net assets of $917k.