Fort Worth Now

Analysis

Fort Worth Now is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in June 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, Fort Worth Now reported income of $750k and spending of $492k, leaving 34% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $450k to $750k (+67%), an average of +19% a year. The sharpest change came in the year to December 2021, when income dropped by 100%. Over the whole period it spent 56% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Fort Worth Now sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within TX. Charities of a similar size with the same main cause include Hartford Area Development Foundation ($750k), Astral Artists Inc Astral Artists Inc ($751k) and PCC Stride Inc ($750k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $348k against liabilities of $0, net assets of $348k.