Future Society Inc

Analysis

Future Society Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in May 2017, 9 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, Future Society Inc reported income of $2.2m and spending of $1.2m, leaving 45% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $469k to $2.2m (+363%), an average of +47% a year. The sharpest change came in the year to December 2022, when income rose by 177%. Over the whole period it spent 68% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Future Society Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 85th percentile within MA. Charities of a similar size with the same main cause include Conflict and Development Research Fund ($2.2m), Sanergy Inc ($2.2m) and Kellermann Foundation ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 3.0% of the total. Compensation of current officers, directors and key employees was $278k (23% of expenses). Other salaries and wages came to $194k. At year end it held assets of $2.3m against liabilities of $104k, net assets of $2.2m. It reported 4 employees.