Guiding Light Foster Family Agency

Analysis

Guiding Light Foster Family Agency is a registered charity in United States, based in Victorville, CA. 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, Guiding Light Foster Family Agency reported income of $1.2m and spending of $1.1m, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $297k to $1.2m (+301%), an average of +301% a year. The sharpest change came in the year to December 2023, when income rose by 301%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Guiding Light Foster Family Agency sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include Mommas Inc ($1.2m), LGBT Technology Institute ($1.2m) and Penn South Social Services Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $294k (27% of expenses). At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 2 employees.