Foster and Adoptive Families of Larimer County

Analysis

Foster and Adoptive Families of Larimer County is a registered charity in United States, based in Loveland, CO. It received its IRS tax-exemption ruling in September 1989, 37 years ago. 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 December 2023, Foster and Adoptive Families of Larimer County reported income of $139k and spending of $117k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $116k to $139k (+20%), an average of +4.6% a year. The sharpest change came in the year to December 2021, when income rose by 53%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Foster and Adoptive Families of Larimer County sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 42nd percentile within CO. Charities of a similar size with the same main cause include Clapp Memorial Library Inc ($139k), The Community of Concern Inc ($139k) and Greenville Sheriffs Foundation ($139k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 5.7% of the total. At year end it held assets of $317k against liabilities of $7,092, net assets of $310k.