Focus for a Future Inc

Analysis

Focus for a Future Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 2003, 23 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 2023, Focus for a Future Inc reported income of $167k and spending of $262k, spending 157% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $228k to $167k (-27%), an average of -9.9% a year. The sharpest change came in the year to December 2021, when income rose by 97%. Over the whole period it spent 98% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Focus for a Future Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 47th percentile within NY. Charities of a similar size with the same main cause include Howard Pulleys Pro-Am Basketball League Inc ($167k), T E a M Elam Inc ($167k) and Jamison Alexander Success Center ($167k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $308k against liabilities of $0, net assets of $308k.