New Life Foster Family Agency

Analysis

New Life Foster Family Agency is a registered charity in United States, based in Glendora, CA. It received its IRS tax-exemption ruling in January 2013, 13 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, New Life Foster Family Agency reported income of $6.8m and spending of $6.9m, spending 102% of its income. The sharpest change came in the year to December 2023, when income rose by 41%. 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, New Life Foster Family Agency sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include F F T Senior Communities Inc ($6.8m), Oshkosh Area Community Pantry Inc ($6.8m) and Just US 4 Youth ($6.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $188k (2.7% of expenses). Other salaries and wages came to $3.5m. At year end it held assets of $1.8m against liabilities of $1.8m, net assets of -$21k. It reported 78 employees.