Families Forward Inc

Analysis

Families Forward Inc is a registered charity in United States, based in Redmond, OR. It received its IRS tax-exemption ruling in March 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Families Forward Inc reported income of $219k and spending of $167k, leaving 24% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $199k to $219k (+10%), an average of +2.5% a year. The sharpest change came in the year to June 2021, when income rose by 121%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Families Forward Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within OR. Charities of a similar size with the same main cause include National Charity League Palos Verdes Provisional Chapter ($219k), Tipton County Council on Aging ($219k) and Free Rain International Inc ($219k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.2% and program service revenue 98% of the total. At year end it held assets of $837k against liabilities of $178k, net assets of $660k.