Forrest Cemetery Foundation Inc

Analysis

Forrest Cemetery Foundation Inc is a registered charity in United States, based in Gadsden, AL. It received its IRS tax-exemption ruling in November 1982, 44 years ago. Its declared purposes cover mutual and membership benefit, which this site groups under other charitable purposes. 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 2024, Forrest Cemetery Foundation Inc reported income of $65k and spending of $24k, leaving 62% of income unspent that year. Across the 6 years on record, from September 2019 to September 2024, income fell from $65k to $65k (-0.6%), an average of -0.1% a year. The sharpest change came in the year to September 2024, when income rose by 1380%. Over the whole period it spent 41% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Forrest Cemetery Foundation Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 24th percentile within AL. Charities of a similar size with the same main cause include Ponca City Junior Baseball Inc ($65k), Rbi Academy ($65k) and Lucas County Historical Society ($65k).

On its Form 990 for the period ending September 2024, revenue came from contributions and grants 15% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.