Future Beyond Charity Inc

Analysis

Future Beyond Charity Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in November 2018, 8 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 December 2023, Future Beyond Charity Inc reported income of $1.2m and spending of $1.1m, spending 94% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $405k to $1.2m (+193%), an average of +71% a year. The sharpest change came in the year to December 2023, when income rose by 127%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Future Beyond Charity Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 85th percentile within TX. Charities of a similar size with the same main cause include Great American Community Kitchen ($1.2m), Childrens Home of Stockton Foundation ($1.2m) and Lead the Way Fund Inc ($1.2m).

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 $74k against liabilities of $50k, net assets of $24k.