Film2future Inc

Analysis

Film2future Inc is a registered charity in United States, based in Valencia, CA. It received its IRS tax-exemption ruling in March 2017, 9 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Film2future Inc reported income of $661k and spending of $597k, spending 90% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $425k to $661k (+56%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 18%. Over the whole period it spent 79% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Film2future Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include Boys and Girls Club of Frederick County Inc ($661k), Peace of the City Ministries ($662k) and Metropolitan Youth Development- Education Foundation Inc ($661k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $286k. At year end it held assets of $623k against liabilities of $76, net assets of $623k. It reported 7 employees.