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Foster Grandparent Program Inc

RegisteredEIN 85-0455314Los Lunas, NMPoverty relief
Income$433k2023-06
Spending$433ksame year
Spent / received100%3-year average
Size in its cause62nd pctPoverty relief
Exempt since2017Publicly supported organisat
Employees0latest return

Analysis

Foster Grandparent Program Inc is a registered charity in United States, based in Los Lunas, NM. It received its IRS tax-exemption ruling in February 2017, 9 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 June 2023, Foster Grandparent Program Inc reported income of $433k and spending of $433k, spending 100% of its income. Across the 3 years on record, from June 2019 to June 2023, income grew from $358k to $433k (+21%), an average of +9.9% a year. The sharpest change came in the year to June 2022, when income rose by 19%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Foster Grandparent Program Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 66th percentile within NM. Charities of a similar size with the same main cause include Mennowood Foundation ($433k), Springs of Living Water ($433k) and Richmond City Pregnancy Resource Center Incorporated ($433k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $98k. At year end it held assets of $0 against liabilities of $0, net assets of $0.

Income and spending

$0$108k$216k$325k$433k2019 Income: $358,3562019 Spending: $354,35620192022 Income: $425,5512022 Spending: $425,55120222023 Income: $432,7262023 Spending: $432,7262023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%

Similar-sized charities, same cause

CharityLocationIncome
Mennowood FoundationNewport News$433k
Springs of Living WaterWaipahu$433k
Richmond City Pregnancy Resource Center IncorporatedHenrico$433k
Vicksburg Family Development ServiceVicksburg$433k