Foster Arizona

Analysis

Foster Arizona is a registered charity in United States, based in Mesa, AZ. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Foster Arizona reported income of $759k and spending of $657k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $244k to $759k (+211%), an average of +33% a year. The sharpest change came in the year to December 2022, when income rose by 154%. Over the whole period it spent 69% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Foster Arizona sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 73rd percentile within AZ. Charities of a similar size with the same main cause include Youth for Christ USA Inc ($758k), Dr Martin Luther King Jr Neighborhood Family Center Inc ($759k) and Big Brothers Big Sisters of McHenry County Inc ($757k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $45k (6.8% of expenses). Other salaries and wages came to $138k. At year end it held assets of $1.9m against liabilities of $496k, net assets of $1.4m. It reported 9 employees.