Avant-Garde Foster Family Services Agency

Analysis

Avant-Garde Foster Family Services Agency is a registered charity in United States, based in Corona, CA. It received its IRS tax-exemption ruling in April 2004, 22 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, Avant-Garde Foster Family Services Agency reported income of $1.0m and spending of $1.0m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $1.0m (-17%), an average of -4.7% a year. The sharpest change came in the year to December 2023, when income rose by 30%. Over the whole period it spent 108% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Avant-Garde Foster Family Services Agency sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Anchor Ministries Inc ($1.0m), Youth Emergency Shelter Inc ($1.0m) and Collins Lake Autism Center ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% of the total. Compensation of current officers, directors and key employees was $72k (7.1% of expenses). Other salaries and wages came to $321k. At year end it held assets of $104k against liabilities of $286k, net assets of -$182k. It reported 7 employees.