Foster Fete

Analysis

Foster Fete is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in June 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 Fete reported income of $151k and spending of $9,103, leaving 94% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $164k to $151k (-7.7%), an average of -7.7% a year. Over the whole period it spent 6.7% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Foster Fete sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 44th percentile within CO. Charities of a similar size with the same main cause include Paramount Care Foundation ($151k), Adair County Health and Fitness Center Inc ($151k) and Ahead Inc ($151k).

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 $3,883 against liabilities of $0, net assets of $3,883.