Kamalii Foster Family Agency Inc

Analysis

Kamalii Foster Family Agency Inc is a registered charity in United States, based in Lake Elsinore, CA. It received its IRS tax-exemption ruling in August 1998, 28 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 December 2023, Kamalii Foster Family Agency Inc reported income of $6.2m and spending of $5.8m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.6m to $6.2m (+141%), an average of +25% a year. The sharpest change came in the year to December 2020, when income rose by 67%. 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, Kamalii Foster Family Agency Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include United Neighborhood Houses of New York Inc ($6.2m), Military Warriors Support Foundation ($6.2m) and Elk Grove Food Bank Services ($6.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.5% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $443k (7.6% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $2.5m against liabilities of $443k, net assets of $2.0m. It reported 43 employees.