West Florida Foster Care Services

Analysis

West Florida Foster Care Services is a registered charity in United States, based in Lutz, FL. It received its IRS tax-exemption ruling in January 2008, 18 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 June 2023, West Florida Foster Care Services reported income of $480k and spending of $561k, spending 117% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $413k to $480k (+16%), an average of +3.8% a year. The sharpest change came in the year to June 2020, when income dropped by 41%. Over the whole period it spent 105% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, West Florida Foster Care Services sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within FL. Charities of a similar size with the same main cause include 3gen Ministries ($480k), Sri Jayaram Charitable Trust ($480k) and New Alliance Missionary Church ($480k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 21% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $58k (10% of expenses). Other salaries and wages came to $336k. At year end it held assets of $121k against liabilities of $6,698, net assets of $115k. It reported 8 employees.