Future Champions Foundation Inc

Analysis

Future Champions Foundation Inc is a registered charity in United States, based in Whitehall, MI. It received its IRS tax-exemption ruling in May 2024, 2 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2020, Future Champions Foundation Inc reported income of $88k and spending of $79k, spending 90% of its income. Across the 2 years on record, from December 2019 to December 2020, income grew from $64k to $88k (+38%), an average of +38% a year. The sharpest change came in the year to December 2020, when income rose by 38%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Future Champions Foundation Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 33rd percentile within MI. Charities of a similar size with the same main cause include Delano Area Scholarship Association ($88k), Center for Coaching in Organizations ($88k) and Houston Heights Womans Club ($88k).

On its Form 990 for the period ending December 2020, revenue came from contributions and grants 100% of the total. At year end it held assets of $16k against liabilities of $0, net assets of $16k.