Muslim Foster Care Association

Analysis

Muslim Foster Care Association is a registered charity in United States, based in Bloomfld HLS, MI. It received its IRS tax-exemption ruling in July 2017, 9 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, Muslim Foster Care Association reported income of $413k and spending of $228k, leaving 45% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $253k to $413k (+63%), an average of +63% a year. The sharpest change came in the year to December 2023, when income rose by 63%. Over the whole period it spent 50% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Muslim Foster Care Association sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within MI. Charities of a similar size with the same main cause include Building Relationships Inc ($413k), Silver Valley Seniors Inc ($413k) and His Bridgebuilders-San Antonio ($413k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $141k. At year end it held assets of $542k against liabilities of $3,064, net assets of $539k. It reported 5 employees.