Foster Care Advocacy Center

Analysis

Foster Care Advocacy Center is a registered charity in United States, based in Spring, TX. 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Foster Care Advocacy Center reported income of $1.1m and spending of $1.1m, spending 105% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $382k to $1.1m (+182%), an average of +30% a year. The sharpest change came in the year to September 2020, when income rose by 84%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Foster Care Advocacy Center 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 84th percentile within TX. Charities of a similar size with the same main cause include Thurman Brisben Homeless Shelter Inc ($1.1m), Programs to Educate All Cyclists ($1.1m) and Send56 Ministry Inc ($1.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 37% and program service revenue 63% of the total. Compensation of current officers, directors and key employees was $74k (6.6% of expenses). Other salaries and wages came to $652k. At year end it held assets of $94k against liabilities of $6,880, net assets of $87k. It reported 11 employees.