The Angels Foster Family Agency

Analysis

The Angels Foster Family Agency is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in February 1999, 27 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, The Angels Foster Family Agency reported income of $2.8m and spending of $3.1m, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.3m to $2.8m (+22%), an average of +5.1% a year. The sharpest change came in the year to December 2020, when income rose by 40%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Angels Foster Family Agency sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Drumondawmin Healthy Families Inc ($2.8m), Mark Wahlberg Youth Foundation Inc ($2.8m) and Valencia Shelter for Victims of Domestic Violence ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 102% of the total. Compensation of current officers, directors and key employees was $209k (6.8% of expenses). Other salaries and wages came to $1.1m. It paid $20k in professional fundraising fees. At year end it held assets of $1.1m against liabilities of $621k, net assets of $514k. It reported 19 employees.