Forming Sustainable Development Foundation Inc

Analysis

Forming Sustainable Development Foundation Inc is a registered charity in United States, based in United Kingdom. It received its IRS tax-exemption ruling in December 2021, 5 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Forming Sustainable Development Foundation Inc reported income of $116k and spending of $241k, spending 208% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $200k to $116k (-42%), an average of -42% a year. The sharpest change came in the year to December 2023, when income dropped by 42%. Over the whole period it spent 93% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Forming Sustainable Development Foundation Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 41st percentile. Charities of a similar size with the same main cause include Global QRF ($116k), Faith Revealed ($116k) and Renewed Hope Charitable Foundation ($116k).

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 $23k against liabilities of $0, net assets of $23k.