Family Room Foster Care Resource Center

Analysis

Family Room Foster Care Resource Center is a registered charity in United States, based in Greensboro, NC. It received its IRS tax-exemption ruling in June 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, Family Room Foster Care Resource Center reported income of $740k and spending of $611k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $243k to $740k (+204%), an average of +204% a year. The sharpest change came in the year to December 2023, when income rose by 204%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family Room Foster Care Resource Center sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within NC. Charities of a similar size with the same main cause include Oneg Shabbat of the West Side ($740k), Youth Opportunity Center Foundation Inc ($740k) and Community Coordinated Child Care Association of the Upper Peninsula ($739k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 102% of the total. Compensation of current officers, directors and key employees was $51k (8.3% of expenses). Other salaries and wages came to $63k. At year end it held assets of $984k against liabilities of $176k, net assets of $808k. It reported 6 employees.