Forum for World Education Inc

Analysis

Forum for World Education Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 2019, 7 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 September 2023, Forum for World Education Inc reported income of $71k and spending of $139k, spending 196% of what it took in. Across the 3 years on record, from September 2020 to September 2023, income fell from $317k to $71k (-78%), an average of -53% a year. The sharpest change came in the year to September 2023, when income dropped by 59%. Over the whole period it spent 94% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Forum for World Education Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 29th percentile within NY. Charities of a similar size with the same main cause include Cambiando Vidas ($71k), Global Business & Technology Association Inc ($71k) and Operation Backpack4kids ($71k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $87k against liabilities of $42k, net assets of $45k.