Arizona Friends of Foster Children Foundation

Analysis

Arizona Friends of Foster Children Foundation is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in June 1984, 42 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, Arizona Friends of Foster Children Foundation reported income of $6.3m and spending of $5.8m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.0m to $6.3m (+114%), an average of +21% a year. The sharpest change came in the year to December 2022, when income rose by 28%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Arizona Friends of Foster Children Foundation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within AZ. Charities of a similar size with the same main cause include Presbyterian Homes of Andover Inc ($6.3m), City Help Inc of Phoenix ($6.3m) and Breedlove Foods Inc ($6.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $178k (3.1% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $8.7m against liabilities of $232k, net assets of $8.5m. It reported 31 employees.