Future Foundation Inc

Analysis

Future Foundation Inc is a registered charity in United States, based in East Point, GA. It received its IRS tax-exemption ruling in December 2001, 25 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 December 2022, Future Foundation Inc reported income of $1.8m and spending of $1.8m, spending 97% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $2.4m to $1.8m (-24%), an average of -8.6% a year. The sharpest change came in the year to December 2021, when income dropped by 24%. Over the whole period it spent 101% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Future Foundation Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 88th percentile within GA. Charities of a similar size with the same main cause include Hermandad Mexicana Nacional ($1.8m), Girls Inc of the Pacific Northwest ($1.8m) and Youth for Christ USA Inc ($1.8m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $180k (10% of expenses). Other salaries and wages came to $708k. At year end it held assets of $451k against liabilities of $235k, net assets of $216k. It reported 72 employees.