Fostering Families Inc

Analysis

Fostering Families Inc is a registered charity in United States, based in Statesboro, GA. It received its IRS tax-exemption ruling in June 2011, 15 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, Fostering Families Inc reported income of $222k and spending of $194k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $222k to $222k (-0.0%), an average of +-0.0% a year. The sharpest change came in the year to December 2021, when income rose by 82%. Over the whole period it spent 54% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fostering Families Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 59th percentile within GA. Charities of a similar size with the same main cause include Share Our Suzy Lowcountry ($222k), Rio Grande Down Syndrome Network ($222k) and Breaking Chains ($222k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $927k against liabilities of $0, net assets of $927k.