Foster Care Support Foundation Inc

Analysis

Foster Care Support Foundation Inc is a registered charity in United States, based in Roswell, GA. It received its IRS tax-exemption ruling in November 2000, 26 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, Foster Care Support Foundation Inc reported income of $1.2m and spending of $868k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $805k to $1.2m (+45%), an average of +9.8% a year. The sharpest change came in the year to December 2020, when income rose by 27%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Foster Care Support Foundation Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 84th percentile within GA. Charities of a similar size with the same main cause include Four Corners Home for Children Inc ($1.2m), United Way of Anderson County Inc ($1.2m) and Georgia Technology Student Association ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% of the total. Compensation of current officers, directors and key employees was $92k (11% of expenses). Other salaries and wages came to $442k. At year end it held assets of $2.5m against liabilities of $161k, net assets of $2.3m. It reported 36 employees.