Feeding the Fosters Inc

Analysis

Feeding the Fosters Inc is a registered charity in United States, based in Clearwater, FL. It received its IRS tax-exemption ruling in September 2019, 7 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 April 2024, Feeding the Fosters Inc reported income of $224k and spending of $223k, spending 100% of its income. Across the 2 years on record, from April 2023 to April 2024, income grew from $81k to $224k (+178%), an average of +178% a year. The sharpest change came in the year to April 2024, when income rose by 178%. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Feeding the Fosters Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 59th percentile within FL. Charities of a similar size with the same main cause include Heartland Chamber Music Ltd ($224k), Renee Parker Monihan Foundation Inc ($224k) and Vision Hudson Valley Inc ($223k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $38k (17% of expenses). At year end it held assets of $69k against liabilities of $0, net assets of $69k. It reported 1 employees.