Citizens Adult Foster Care Inc

Analysis

Citizens Adult Foster Care Inc is a registered charity in United States, based in Inkster, MI. It received its IRS tax-exemption ruling in June 1997, 29 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 September 2023, Citizens Adult Foster Care Inc reported income of $602k and spending of $576k, spending 96% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $400k to $602k (+51%), an average of +11% a year. The sharpest change came in the year to September 2022, when income rose by 21%. Over the whole period it spent 97% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Citizens Adult Foster Care Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within MI. Charities of a similar size with the same main cause include Mid-Wilshire Apartments Housing Corporation ($602k), Waterford Dublin Development Inc ($602k) and Telacu Housing - Alhambra Inc ($602k).

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 $360k. At year end it held assets of $112k against liabilities of $5,074, net assets of $107k. It reported 13 employees.