Fostering Further

Analysis

Fostering Further is a registered charity in United States, based in Newark, OH. It received its IRS tax-exemption ruling in November 2015, 11 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, Fostering Further reported income of $216k and spending of $157k, leaving 27% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $231k to $216k (-6.5%), an average of -3.3% a year. The sharpest change came in the year to December 2023, when income rose by 47%. Over the whole period it spent 70% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fostering Further sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 56th percentile within OH. Charities of a similar size with the same main cause include Pawsitivity ($216k), Beloved Youth Moving Forward Inc ($216k) and 109 James Parker Inc ($216k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $48k (30% of expenses). At year end it held assets of $380k against liabilities of $6,792, net assets of $373k. It reported 2 employees.