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Forest Workforce Training Institute

RegisteredEIN 83-1533428Montgomery, ALEnvironment and conservation
Income$2.2m2023-12
Spending$968ksame year
Spent / received48%4-year average
Size in its cause87th pctEnvironment and conservation
Exempt since2019Publicly supported organisat
Employees0latest return

Analysis

Forest Workforce Training Institute is a registered charity in United States, based in Montgomery, AL. It received its IRS tax-exemption ruling in September 2019, 7 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Forest Workforce Training Institute reported income of $2.2m and spending of $968k, leaving 56% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $971k to $2.2m (+126%), an average of +31% a year. The sharpest change came in the year to December 2022, when income rose by 274%. Over the whole period it spent 48% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Forest Workforce Training Institute sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 90th percentile within AL. Charities of a similar size with the same main cause include Construction Junction Inc ($2.2m), Greengoat ($2.2m) and Ogallala Land and Water Conservancy ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 61% of the total. Other salaries and wages came to $238k. At year end it held assets of $3.7m against liabilities of $59k, net assets of $3.7m.

Income and spending

$0$762k$1.5m$2.3m$3.0m2020 Income: $970,6422020 Spending: $670,60620202021 Income: $815,9262021 Spending: $745,21220212022 Income: $3,048,7392022 Spending: $996,57420222023 Income: $2,194,7252023 Spending: $967,7002023
IncomeSpending

Where the income comes from

  • Contributions & grants 34%
  • Program services 61%
  • Other 5.0%

Similar-sized charities, same cause

CharityLocationIncome
Construction Junction IncPittsburgh$2.2m
GreengoatSomerville$2.2m
Ogallala Land and Water ConservancyClovis$2.2m
Cape Cod Commericial Fishermens Alliance IncChatham$2.2m