Foster Parents of Victoria

Analysis

Foster Parents of Victoria is a registered charity in United States, based in Victoria, TX. It received its IRS tax-exemption ruling in January 1990, 36 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 Parents of Victoria reported income of $242k and spending of $124k, leaving 49% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $114k to $242k (+112%), an average of +112% a year. The sharpest change came in the year to December 2023, when income rose by 112%. Over the whole period it spent 69% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Foster Parents of Victoria sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 62nd percentile within TX. Charities of a similar size with the same main cause include Pop Warner Little Scholars Inc ($241k), Other Bar ($242k) and Mt St Joseph Association ($241k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $337k against liabilities of $0, net assets of $337k.