Abc Foster Family Agency Inc

Analysis

Abc Foster Family Agency Inc is a registered charity in United States, based in Santa Ana, CA. It received its IRS tax-exemption ruling in October 1994, 32 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, Abc Foster Family Agency Inc reported income of $1.6m and spending of $1.6m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.1m to $1.6m (-23%), an average of -6.3% a year. 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, Abc Foster Family Agency Inc sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include Dutchess Outreach Inc ($1.6m), Community Options Foundation Inc ($1.6m) and Sportable Richmond Adaptive Sports and Recreation Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $159k (9.9% of expenses). Other salaries and wages came to $311k. At year end it held assets of $1.4m against liabilities of $170k, net assets of $1.3m. It reported 7 employees.