Futurewise

Analysis

Futurewise is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in July 1995, 31 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Futurewise reported income of $1.6m and spending of $1.2m, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $885k to $1.6m (+81%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 93%. Over the whole period it spent 90% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Futurewise sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within WA. Charities of a similar size with the same main cause include Oceanic Preservation Society ($1.6m), National Association of Clean Air Agencies ($1.6m) and Story of Stuff Project ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 103% of the total. Compensation of current officers, directors and key employees was $163k (13% of expenses). Other salaries and wages came to $574k. At year end it held assets of $1.1m against liabilities of $88k, net assets of $980k. It reported 17 employees.