Foster Together

Analysis

Foster Together is a registered charity in United States, based in Arnold, MO. It received its IRS tax-exemption ruling in March 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 Together reported income of $282k and spending of $186k, leaving 34% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $47k to $282k (+497%), an average of +497% a year. The sharpest change came in the year to December 2023, when income rose by 497%. Over the whole period it spent 69% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Foster Together sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 58th percentile within MO. Charities of a similar size with the same main cause include Tranzmission Inc ($282k), Crest Forest Senior Citizens Club Inc ($282k) and Homeless Veterans Services of Dallas Inc ($282k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $5,695. At year end it held assets of $224k against liabilities of $372, net assets of $223k. It reported 1 employees.