Fostering Wishes

Analysis

Fostering Wishes is a registered charity in United States, based in Alamo, CA. It received its IRS tax-exemption ruling in February 2023, 3 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 May 2024, Fostering Wishes reported income of $260k and spending of $186k, leaving 29% of income unspent that year. Over the whole period it spent 71% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fostering Wishes sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 61st percentile within CA. Charities of a similar size with the same main cause include Interfaith Service Council Inc Lancaster and Northumberland ($260k), Christ Child Society of Naples ($260k) and Seven Baskets Community Development Corporation ($260k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $86k against liabilities of $0, net assets of $86k.