Foster Hope Nwia Inc

Analysis

Foster Hope Nwia Inc is a registered charity in United States, based in Rock Valley, IA. It received its IRS tax-exemption ruling in September 2022, 4 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 Hope Nwia Inc reported income of $126k and spending of $87k, leaving 31% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $87k to $126k (+45%), an average of +45% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 41% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Foster Hope Nwia Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 42nd percentile within IA. Charities of a similar size with the same main cause include Bella Masters ($126k), Child Evangelism Fellowship Inc Reading & Berks County Epa Chapter ($126k) and Americas of Today Inc ($126k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 77% of the total. At year end it held assets of $175k against liabilities of $51, net assets of $175k.