Adoptive and Foster Family Coalition of New York Inc

Analysis

Adoptive and Foster Family Coalition of New York Inc is a registered charity in United States, based in New Paltz, NY. It received its IRS tax-exemption ruling in June 1975, 51 years ago. 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, Adoptive and Foster Family Coalition of New York Inc reported income of $1.7m and spending of $1.6m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.7m (+24%), an average of +5.6% a year. The sharpest change came in the year to December 2022, when income rose by 47%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Adoptive and Foster Family Coalition of New York Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 81st percentile within NY. Charities of a similar size with the same main cause include Memphis Center City Development Corporation ($1.7m), Better Man Inc ($1.7m) and Community Administrative Services Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 1.7% of the total. Compensation of current officers, directors and key employees was $118k (7.2% of expenses). Other salaries and wages came to $977k. At year end it held assets of $2.3m against liabilities of $172k, net assets of $2.2m. It reported 37 employees.