Forest Forward

Analysis

Forest Forward is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in February 2021, 5 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, Forest Forward reported income of $7.9m and spending of $2.3m, leaving 71% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $2.7m to $7.9m (+191%), an average of +70% a year. The sharpest change came in the year to December 2023, when income rose by 166%. Over the whole period it spent 38% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Forest Forward sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 96th percentile within TX. Charities of a similar size with the same main cause include I-95 1-40 Crossroads of America Economic Development Alliance Inc ($7.9m), Central Pennsylvania Workforce Development Corporation ($7.9m) and Lancaster County Workforce Investment Board ($7.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $190k (8.3% of expenses). Other salaries and wages came to $485k. At year end it held assets of $24.4m against liabilities of $5.4m, net assets of $19.0m. It reported 6 employees.