Barksdale Forward Inc

Analysis

Barksdale Forward Inc is a registered charity in United States, based in Shreveport, LA. It received its IRS tax-exemption ruling in April 1995, 31 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic 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, Barksdale Forward Inc reported income of $871k and spending of $814k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $761k to $871k (+14%), an average of +3.4% a year. The sharpest change came in the year to December 2021, when income rose by 120%. Over the whole period it spent 93% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Barksdale Forward Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 76th percentile within LA. Charities of a similar size with the same main cause include Thinkwatts Foundation ($871k), M-Ark Project Inc ($871k) and The Next Step Foundation ($871k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $150k (18% of expenses). Other salaries and wages came to $75k. At year end it held assets of $1.1m against liabilities of $1,715, net assets of $1.1m. It reported 4 employees.