Foster Angels of South Texas Foundation

Analysis

Foster Angels of South Texas Foundation is a registered charity in United States, based in Corp Christi, TX. It received its IRS tax-exemption ruling in August 1999, 27 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, Foster Angels of South Texas Foundation reported income of $1.1m and spending of $900k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $595k to $1.1m (+90%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 35%. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Foster Angels of South Texas Foundation sits at the 77th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 84th percentile within TX. Charities of a similar size with the same main cause include The Arc-Solano ($1.1m), Secure Families Collaborative ($1.1m) and Grace Way Village ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $1.8m against liabilities of $1,034, net assets of $1.8m. It reported 4 employees.