Future 500

Analysis

Future 500 is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in April 1995, 31 years ago. 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 500 reported income of $1.2m and spending of $1.2m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.2m (+11%), an average of +2.6% a year. The sharpest change came in the year to December 2022, when income rose by 39%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Future 500 sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include Washington County Christian School Inc ($1.2m), In a Landscape ($1.2m) and Bethhaven Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.7% and program service revenue 98% of the total. Other salaries and wages came to $493k. At year end it held assets of $1.2m against liabilities of $197k, net assets of $1.0m. It reported 10 employees.