Future Foundation of Sacramento

Analysis

Future Foundation of Sacramento is a registered charity in United States, based in Rncho Cordova, CA. It received its IRS tax-exemption ruling in May 2014, 12 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 2023, Future Foundation of Sacramento reported income of $133k and spending of $110k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $100k to $133k (+33%), an average of +33% a year. The sharpest change came in the year to December 2023, when income rose by 33%. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Future Foundation of Sacramento sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 46th percentile within CA. Charities of a similar size with the same main cause include Wichita Falls Electricians Joint Apprenticeship Committee ($133k), The Never Should Have Made It Club ($133k) and St Thomas More Catholic High School Foundation Inc ($133k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 104% of the total. At year end it held assets of $432k against liabilities of $0, net assets of $432k.