Future River Inc

Analysis

Future River Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in June 2021, 5 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Future River Inc reported income of $161k and spending of $153k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $177k to $161k (-9.0%), an average of -9.0% a year. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Future River Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within NY. Charities of a similar size with the same main cause include FTC Qalicb Inc ($161k), Haverhill Historical Society ($161k) and Rocky Mountain Community Radio ($161k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 22% of the total. At year end it held assets of $18k against liabilities of $0, net assets of $18k.