New Dimensions Foster Family Agency Inc

Analysis

New Dimensions Foster Family Agency Inc is a registered charity in United States, based in Modesto, CA. It received its IRS tax-exemption ruling in March 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 (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, New Dimensions Foster Family Agency Inc reported income of $3.3m and spending of $3.2m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.1m to $3.3m (+53%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 24%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New Dimensions 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 89th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Avalon-Carver Community Center ($3.3m), Senior Center Resources and Public Transit Inc ($3.3m) and Crown Heights Jewish Community Cou ($3.3m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $242k (7.6% of expenses). Other salaries and wages came to $824k. At year end it held assets of $1.2m against liabilities of $369k, net assets of $872k. It reported 17 employees.