Carry the Future

Analysis

Carry the Future is a registered charity in United States, based in Glendale, CA. It received its IRS tax-exemption ruling in July 2016, 10 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Carry the Future reported income of $66k and spending of $164k, spending 250% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $289k to $66k (-77%), an average of -26% a year. The sharpest change came in the year to December 2023, when income dropped by 47%. Over the whole period it spent 164% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Carry the Future sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 28th percentile within CA. Charities of a similar size with the same main cause include Child Health Foundation ($66k), Hearts of Hope International Inc ($66k) and HS Missions ($66k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $158k against liabilities of $0, net assets of $158k.