Tech Forward Inc

Analysis

Tech Forward Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in July 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Tech Forward Inc reported income of $355k and spending of $346k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $259k to $355k (+37%), an average of +37% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tech Forward Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 69th percentile within GA. Charities of a similar size with the same main cause include Hawaii Families As Allies ($355k), Project Living Hope ($355k) and Star Valley Senior Citizens Inc ($355k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $58k. At year end it held assets of $27k against liabilities of $21k, net assets of $5,066.