Friends of Foster Children Forever Inc

Analysis

Friends of Foster Children Forever Inc is a registered charity in United States, based in Naples, FL. It received its IRS tax-exemption ruling in May 2000, 26 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 June 2023, Friends of Foster Children Forever Inc reported income of $1.5m and spending of $1.3m, spending 88% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.3m to $1.5m (+13%), an average of +4.2% a year. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Friends of Foster Children Forever Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within FL. Charities of a similar size with the same main cause include Help of Ojai ($1.5m), Nwi Food Council ($1.5m) and Refugee and Immigrant Services & Education ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 110% of the total. Compensation of current officers, directors and key employees was $110k (8.5% of expenses). Other salaries and wages came to $271k. At year end it held assets of $1.6m against liabilities of $199k, net assets of $1.4m. It reported 11 employees.