For a Loving Future

Analysis

For a Loving Future is a registered charity in United States, based in Richmond, CA. It received its IRS tax-exemption ruling in July 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 June 2023, For a Loving Future reported income of $241k and spending of $212k, spending 88% of its income. Across the 3 years on record, from December 2021 to June 2023, income fell from $437k to $241k (-45%), an average of -26% a year. The sharpest change came in the year to June 2023, when income dropped by 56%. Over the whole period it spent 79% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, For a Loving Future sits at the 55th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 60th percentile within CA. Charities of a similar size with the same main cause include Parkrose Npi ($241k), West End Community Development Corporation ($241k) and Center for the Empowerment Offamilies Inc ($241k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 62% and program service revenue 38% of the total. At year end it held assets of $259k against liabilities of $2,022, net assets of $257k.