Forever Families Adoption Services Inc

Analysis

Forever Families Adoption Services Inc is a registered charity in United States, based in Middleburg, VA. It received its IRS tax-exemption ruling in September 2002, 24 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, Forever Families Adoption Services Inc reported income of $93k and spending of $81k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $114k to $93k (-18%), an average of -4.9% a year. The sharpest change came in the year to December 2022, when income dropped by 34%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Forever Families Adoption Services Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 34th percentile within VA. Charities of a similar size with the same main cause include Renacer Inc ($93k), Brain-Injury Adventure Camp Inc ($93k) and Foundation 1023 ($93k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $34k (42% of expenses). Other salaries and wages came to $30k. At year end it held assets of $64k against liabilities of $20k, net assets of $44k. It reported 4 employees.