Abrazo Foster Family Agency

Analysis

Abrazo Foster Family Agency is a registered charity in United States, based in Fresno, CA. It received its IRS tax-exemption ruling in December 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Abrazo Foster Family Agency reported income of $1.7m and spending of $1.5m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $915k to $1.7m (+86%), an average of +17% a year. The sharpest change came in the year to December 2022, when income rose by 42%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Abrazo Foster Family Agency sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include Ellis Marsalis Center for Music Inc ($1.7m), Helping Hand Worldwide Inc ($1.7m) and Emergency Management Accreditation Program Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $250k (17% of expenses). At year end it held assets of $952k against liabilities of $265k, net assets of $687k. It reported 1 employees.