A Brighter Childhood Foster Family Services Inc

Analysis

A Brighter Childhood Foster Family Services Inc is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in March 2021, 5 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 June 2023, A Brighter Childhood Foster Family Services Inc reported income of $507k and spending of $498k, spending 98% of its income. Across the 6 years on record, from June 2018 to June 2023, income fell from $793k to $507k (-36%), an average of -8.5% a year. The sharpest change came in the year to June 2019, when income dropped by 16%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, A Brighter Childhood Foster Family Services Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include Hope Bridge ($507k), Warm Hearts - Warm Babies Inc ($508k) and Small Steps for Compassion ($507k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $141k (28% of expenses). Other salaries and wages came to $39k. At year end it held assets of $68k against liabilities of $34k, net assets of $34k. It reported 9 employees.