Sylvia Thomas Center for Adoptive and Foster Families

Analysis

Sylvia Thomas Center for Adoptive and Foster Families is a registered charity in United States, based in Brandon, FL. It received its IRS tax-exemption ruling in May 2001, 25 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 September 2023, Sylvia Thomas Center for Adoptive and Foster Families reported income of $313k and spending of $323k, spending 103% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $337k to $313k (-7.1%), an average of -1.8% a year. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sylvia Thomas Center for Adoptive and Foster Families sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within FL. Charities of a similar size with the same main cause include Young Mens Christian Association of Warren and Bradley County Ark Inc ($313k), Liftup Communities ($313k) and Equal Rights Institute ($313k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $54k (17% of expenses). Other salaries and wages came to $102k. At year end it held assets of $86k against liabilities of $20k, net assets of $67k. It reported 4 employees.