Forward Brunswick Inc

Analysis

Forward Brunswick Inc is a registered charity in United States, based in Brunswick, GA. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Forward Brunswick Inc reported income of $151k and spending of $206k, spending 136% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $177k to $151k (-14%), an average of -14% a year. Over the whole period it spent 92% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Forward Brunswick Inc sits at the 45th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 50th percentile within GA. Charities of a similar size with the same main cause include Piketon Community Improvement Corporation ($151k), Palmetto Childrens Charity Inc ($151k) and Sumter County Community Development Corporation Inc ($151k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $83k against liabilities of $1,525, net assets of $82k.