CharityWatch REPORT
Issued February 2016

Contact & General Information

Fortune Society
29-76 Northern Boulevard
Long Island City, NY 11101
www.fortunesociety.org
Tax Status: 501(c)3
 

Other Names

None
Charities often solicit donors under multiple names. CharityWatch is aware of this charity soliciting donors using the above names.
 
RATING:   A-

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Stated Mission

To support successful re-entry from prison & to promote alternatives to incarceration, thus strengthening the fabric of our communities.
Fiscal Year Ended 06/30/15

Program Percentage :  82 %

Calculated Total Expenses (rounded) :  $24,000,000 

A charity's Program % is the percentage of its cash budget it spends on Programs relative to Overhead (Fundraising and Management & General Expenses)

Cost to Raise $100 :  $ 17

Calculated Total Contributions (rounded) :  $3,000,000 

Cost to Raise $100 signifies how many dollars a charity spends on Fundraising to raise each $100 of Contributions.

Government Funding

CharityWatch calculates the percentage of a charity's cash revenue received from government sources for informational purposes for those donors who would like to factor a charity's range of government funding into their giving decisions. Donors should keep in mind that funding from the government does not automatically signal that a charity is well-governed and/or more efficient than other charities.

For the reporting year rated by CharityWatch, this charity received cash grants/contributions from government sources within a range of:

50% to 100%

Financial Documents

Fortune Society's rating is based on CharityWatch's in-depth analysis of the following documents for the fiscal year represented:

Entity Document Type Tax Id #
The Fortune Society IRS Form 990 13-2645436
The Fortune Society & Affiliates Audited Consolidated Financial Statements Multiple

See the CRITERIA to learn why CharityWatch analyzes multiple documents before computing a charity's rating.

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