Foster Care in the US Inc

Analysis

Foster Care in the US Inc is a registered charity in United States, based in Evansville, IN. It received its IRS tax-exemption ruling in June 2019, 7 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 Care in the US Inc reported income of $113k and spending of $128k, spending 113% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $260k to $113k (-57%), an average of -34% a year. The sharpest change came in the year to December 2022, when income dropped by 57%. Over the whole period it spent 59% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Foster Care in the US Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within IN. Charities of a similar size with the same main cause include Hoosier Hills AIDS Coalition Inc ($113k), Operation Tango Mike ($113k) and Oji Sda Sustainable Indigenous Futures ($113k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $44k (34% of expenses). At year end it held assets of $206k against liabilities of $2,083, net assets of $204k. It reported 1 employees.