Moving Forward Incorporated

Analysis

Moving Forward Incorporated is a registered charity in United States, based in W Barnstable, MA. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Moving Forward Incorporated reported income of $1.2m and spending of $777k, leaving 32% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $522k to $1.2m (+120%), an average of +22% a year. The sharpest change came in the year to June 2022, when income rose by 34%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Moving Forward Incorporated 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 80th percentile within MA. Charities of a similar size with the same main cause include Creative Living Inc ($1.2m), Oneida Area Day Care Center Inc ($1.2m) and Bridge Builders Community Partnership Incorporated ($1.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 9.1% and program service revenue 88% of the total. Other salaries and wages came to $499k. At year end it held assets of $1.1m against liabilities of $554k, net assets of $595k. It reported 28 employees.