Forward Outreach Foundation

Analysis

Forward Outreach Foundation is a registered charity in United States, based in Provo, UT. It received its IRS tax-exemption ruling in June 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Forward Outreach Foundation reported income of $754k and spending of $491k, leaving 35% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $1.1m to $754k (-32%), an average of -32% a year. The sharpest change came in the year to December 2023, when income dropped by 32%. Over the whole period it spent 36% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Forward Outreach Foundation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 74th percentile within UT. Charities of a similar size with the same main cause include East Feliciana Council on Aging Inc ($754k), Youth Moving on ($755k) and Perry Area Child Development Corporation ($754k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $84k (17% of expenses). At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m. It reported 1 employees.