Fathers Forever

Analysis

Fathers Forever is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in June 2009, 17 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 September 2023, Fathers Forever reported income of $1.4m and spending of $1.3m, spending 91% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $375k to $1.4m (+270%), an average of +39% a year. The sharpest change came in the year to September 2020, when income rose by 82%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fathers Forever sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within NC. Charities of a similar size with the same main cause include Disability Action Center ($1.4m), Highland Community Child Development Center Inc ($1.4m) and Enact Inc ($1.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $595k. At year end it held assets of $1.4m against liabilities of $971k, net assets of $450k. It reported 5 employees.