Karing 4 Kids Foster Family Agency Inc

Analysis

Karing 4 Kids Foster Family Agency Inc is a registered charity in United States, based in Fresno, CA. It received its IRS tax-exemption ruling in October 2006, 20 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, Karing 4 Kids Foster Family Agency Inc reported income of $3.3m and spending of $3.2m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.2m to $3.3m (-22%), an average of -6.2% a year. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Karing 4 Kids Foster Family Agency Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Open Heart Kitchen of Livermore Incorporated ($3.3m), Dreams for Change Inc ($3.3m) and Foundation for Inspiration & Recognition Science & Technology I ($3.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $155k (4.9% of expenses). Other salaries and wages came to $747k. At year end it held assets of $2.5m against liabilities of $313k, net assets of $2.2m. It reported 17 employees.