Alton Forward

Analysis

Alton Forward is a registered charity in United States, based in Alton, IL. It received its IRS tax-exemption ruling in June 2022, 4 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, Alton Forward reported income of $245k and spending of $240k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $97k to $245k (+152%), an average of +152% a year. The sharpest change came in the year to December 2023, when income rose by 152%. Over the whole period it spent 99% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Alton Forward sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within IL. Charities of a similar size with the same main cause include Hollywood Cinema Production Resources ($245k), Training Center Incorporated ($245k) and Jackson County Twenty-First Century Council ($245k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $129k (54% of expenses). At year end it held assets of $30k against liabilities of $0, net assets of $30k. It reported 1 employees.