A Greater Love Foster Family Agency Inc

Analysis

A Greater Love Foster Family Agency Inc is a registered charity in United States, based in Whittier, CA. It received its IRS tax-exemption ruling in October 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, A Greater Love Foster Family Agency Inc reported income of $6.6m and spending of $6.5m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $747k to $6.6m (+786%), an average of +73% a year. The sharpest change came in the year to December 2020, when income rose by 213%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, A Greater Love Foster Family Agency Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Seacoast Learning Collaborative Inc ($6.6m), Omega Community Development Corporation ($6.6m) and Catholic Charities of Orange County ($6.6m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $642k (9.9% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $2.6m against liabilities of $765k, net assets of $1.8m. It reported 71 employees.