Foster Foundation Inc

Analysis

Foster Foundation Inc is a registered charity in United States, based in Garden City, NY. It received its IRS tax-exemption ruling in April 2002, 24 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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 Foundation Inc reported income of $358k and spending of $152k, leaving 57% of income unspent that year. The sharpest change came in the year to December 2023, when income rose by 276%. Over the whole period it spent 36% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Foster Foundation Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 61st percentile within NY. Charities of a similar size with the same main cause include Arkansas Community Health Worker Association ($358k), Friendship House Inc ($358k) and Association of Occ and Env Clinics ($358k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% of the total. At year end it held assets of $2.1m against liabilities of $0, net assets of $2.1m.