Access Foster Care and Adoption

Analysis

Access Foster Care and Adoption is a registered charity in United States, based in Ft Washington, PA. It received its IRS tax-exemption ruling in August 1976, 50 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 June 2023, Access Foster Care and Adoption reported income of $47.1m and spending of $45.4m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $39.3m to $47.1m (+20%), an average of +4.6% a year. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Access Foster Care and Adoption sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within PA. Charities of a similar size with the same main cause include The University Corporation ($47.0m), Arrowhead Economic Opportunity Agency Incorporated ($47.1m) and Frick Collection ($47.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 29% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $435k (1.0% of expenses). Other salaries and wages came to $24.3m. At year end it held assets of $21.1m against liabilities of $8.2m, net assets of $12.9m. It reported 810 employees.