National Foster Parent Association

Analysis

National Foster Parent Association is a registered charity in United States, based in Hagerstown, MD. It received its IRS tax-exemption ruling in February 1974, 52 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, National Foster Parent Association reported income of $229k and spending of $258k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $328k to $229k (-30%), an average of -8.6% a year. The sharpest change came in the year to December 2023, when income rose by 53%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, National Foster Parent Association sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 56th percentile within MD. Charities of a similar size with the same main cause include Tahoe Nordic Search and Rescue Team Inc Po Box 7703 ($229k), Dallam-Hartley Counties Historical Association ($229k) and West Coast Latvian Education Center ($229k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 14% of the total. Other salaries and wages came to $84k. At year end it held assets of $364k against liabilities of $13k, net assets of $351k. It reported 2 employees.