Foster Coalition Inc

Analysis

Foster Coalition Inc is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in August 2021, 5 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 Coalition Inc reported income of $159k and spending of $103k, leaving 35% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $149k to $159k (+7.1%), an average of +7.1% a year. Over the whole period it spent 56% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Foster Coalition Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within AL. Charities of a similar size with the same main cause include Flagstaff Shakespeare Festival ($159k), Freedom for Life NFP ($159k) and Gods Heart Ministry ($159k).

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 $153k against liabilities of $15, net assets of $153k.