Foss Home & Villiage

Analysis

Foss Home & Villiage is a registered charity in United States, based in Tacoma, WA. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Foss Home & Villiage reported income of $27.4m and spending of $27.2m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $21.4m to $27.4m (+28%), an average of +6.4% a year. The sharpest change came in the year to December 2023, when income rose by 52%. Over the whole period it spent 104% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Foss Home & Villiage sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within WA. Charities of a similar size with the same main cause include Dsi Diversified Solutions Inc ($27.3m), Star of Hope Mission ($27.6m) and S V D P Management Inc ($27.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.2% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $276k (1.0% of expenses). Other salaries and wages came to $13.4m. At year end it held assets of $11.5m against liabilities of $5.3m, net assets of $6.1m. It reported 295 employees.