Foster Village Waco

Analysis

Foster Village Waco is a registered charity in United States, based in Woodway, TX. It received its IRS tax-exemption ruling in January 2020, 6 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 Village Waco reported income of $74k and spending of $84k, spending 113% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $99k to $74k (-26%), an average of -14% a year. The sharpest change came in the year to December 2023, when income rose by 89%. Over the whole period it spent 76% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Foster Village Waco sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 30th percentile within TX. Charities of a similar size with the same main cause include Woman to Woman Midwest Inc ($74k), Krewe of Hernando ($74k) and Harbor School Inc ($74k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $67k against liabilities of $0, net assets of $67k.