Adoption and Foster Care Specialist Inc

Analysis

Adoption and Foster Care Specialist Inc is a registered charity in United States, based in Swartz Creek, MI. It received its IRS tax-exemption ruling in January 2009, 17 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 September 2023, Adoption and Foster Care Specialist Inc reported income of $3.7m and spending of $3.6m, spending 97% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.6m to $3.7m (+45%), an average of +9.7% a year. The sharpest change came in the year to September 2020, when income rose by 26%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Adoption and Foster Care Specialist Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within MI. Charities of a similar size with the same main cause include Community Coalition Alliance Inc ($3.7m), G & H Nutrition Centers of Texas ($3.7m) and Community Connections Inc ($3.7m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $1.8m. At year end it held assets of $2.7m against liabilities of $178k, net assets of $2.5m. It reported 31 employees.