A Home Base for Transitioning Foster Youth Inc

Analysis

A Home Base for Transitioning Foster Youth Inc is a registered charity in United States, based in College Sta, TX. It received its IRS tax-exemption ruling in May 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 August 2023, A Home Base for Transitioning Foster Youth Inc reported income of $1.8m and spending of $372k, leaving 79% of income unspent that year. Across the 3 years on record, from August 2021 to August 2023, income grew from $243k to $1.8m (+644%), an average of +173% a year. The sharpest change came in the year to August 2022, when income rose by 227%. Over the whole period it spent 32% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, A Home Base for Transitioning Foster Youth Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 88th percentile within TX. Charities of a similar size with the same main cause include Red Cedar Corp ($1.8m), Empower Me Center ($1.8m) and Angels Unaware Inc ($1.8m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 84% of the total. Other salaries and wages came to $164k. At year end it held assets of $1.4m against liabilities of $11k, net assets of $1.4m. It reported 7 employees.