Future Seekers Inc

Analysis

Future Seekers Inc is a registered charity in United States, based in Douglasville, GA. It received its IRS tax-exemption ruling in October 2024, 2 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 2022, Future Seekers Inc reported income of $1.0m and spending of $955k, spending 93% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $961k to $1.0m (+7.2%), an average of +2.4% a year. The sharpest change came in the year to December 2021, when income rose by 22%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Future Seekers Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 83rd percentile within GA. Charities of a similar size with the same main cause include Advocates for Community and Rural Education ($1.0m), New Vista Montessori School ($1.0m) and Being Beautiful Foundation ($1.0m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $163k (17% of expenses). Other salaries and wages came to $211k. At year end it held assets of $231k against liabilities of $0, net assets of $231k. It reported 7 employees.