Beta Foster Care

Analysis

Beta Foster Care is a registered charity in United States, based in Laguna Hills, CA. It received its IRS tax-exemption ruling in July 1993, 33 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 December 2023, Beta Foster Care reported income of $757k and spending of $651k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $628k to $757k (+21%), an average of +4.8% a year. The sharpest change came in the year to December 2023, when income rose by 66%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Beta Foster Care sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Asheville Greenworks ($757k), Shelby County Historical Society ($757k) and National Family Farm Coalition ($757k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $109k (17% of expenses). Other salaries and wages came to $124k. It paid $4,634 in professional fundraising fees. At year end it held assets of $794k against liabilities of $32k, net assets of $762k. It reported 6 employees.