Foster Parents Association of Washington State

Analysis

Foster Parents Association of Washington State is a registered charity in United States, based in Arlington, WA. It received its IRS tax-exemption ruling in January 1976, 50 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Foster Parents Association of Washington State reported income of $230k and spending of $247k, spending 108% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income grew from $178k to $230k (+29%), an average of +14% a year. The sharpest change came in the year to June 2024, when income rose by 43%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Foster Parents Association of Washington State sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within WA. Charities of a similar size with the same main cause include Radnor Abc Inc ($230k), Friendship Circle of the West Coast ($230k) and Cj3 Foundation ($230k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 31% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $2,481 (1.0% of expenses). Other salaries and wages came to $27k. It paid $25k in professional fundraising fees. At year end it held assets of $4,634 against liabilities of $15k, net assets of -$10k.