Tyler Adult Foster Care Home Inc

Analysis

Tyler Adult Foster Care Home Inc is a registered charity in United States, based in Ann Arbor, MI. It received its IRS tax-exemption ruling in September 1985, 41 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 September 2023, Tyler Adult Foster Care Home Inc reported income of $212k and spending of $240k, spending 113% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $179k to $212k (+18%), an average of +4.3% a year. The sharpest change came in the year to September 2021, when income rose by 76%. Over the whole period it spent 109% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tyler Adult Foster Care Home Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within MI. Charities of a similar size with the same main cause include Mothers of Crown Heights Inc ($212k), Shine Tallahassee Inc ($212k) and Lantern Light Inc ($212k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $173k. At year end it held assets of $24k against liabilities of $197k, net assets of -$174k. It reported 11 employees.