Foster Parrots Ltd

Analysis

Foster Parrots Ltd is a registered charity in United States, based in Rockland, MA. It received its IRS tax-exemption ruling in May 1999, 27 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, Foster Parrots Ltd reported income of $2.0m and spending of $799k, leaving 60% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $688k to $2.0m (+191%), an average of +31% a year. The sharpest change came in the year to December 2021, when income rose by 342%. Over the whole period it spent 49% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Foster Parrots Ltd sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within MA. Charities of a similar size with the same main cause include Southside Society for the Prevention of Cruelty to Animals ($2.0m), Human Animal Bond Research Foundation ($2.0m) and Paws and Claws Inc ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. Other salaries and wages came to $359k. At year end it held assets of $5.3m against liabilities of $21k, net assets of $5.3m. It reported 14 employees.