Texas Foster Care and Adoption Services

Analysis

Texas Foster Care and Adoption Services is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in October 2012, 14 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, Texas Foster Care and Adoption Services reported income of $210k and spending of $380k, spending 181% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.1m to $210k (-90%), an average of -44% a year. The sharpest change came in the year to December 2023, when income dropped by 87%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Texas Foster Care and Adoption Services 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 59th percentile within TX. Charities of a similar size with the same main cause include Senior Agenda Coalition of Rhode Island ($210k), Midland Baptist Crisis Center ($210k) and Shepherds House ($210k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.1% and program service revenue 92% of the total. Other salaries and wages came to $161k. At year end it held assets of $578k against liabilities of $489k, net assets of $89k. It reported 9 employees.