Kitsap Foster Care Association

Analysis

Kitsap Foster Care Association is a registered charity in United States, based in Bremerton, WA. It received its IRS tax-exemption ruling in May 2003, 23 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 April 2024, Kitsap Foster Care Association reported income of $56k and spending of $34k, leaving 38% of income unspent that year. Across the 2 years on record, from April 2023 to April 2024, income grew from $39k to $56k (+43%), an average of +43% a year. The sharpest change came in the year to April 2024, when income rose by 43%. Over the whole period it spent 68% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kitsap Foster Care Association sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 16th percentile within WA. Charities of a similar size with the same main cause include Stokes Lawrence Charitable Foundation ($56k), Lifecompass Ministries ($56k) and Red Bag Ministry ($56k).

On its Form 990-EZ for the period ending April 2024, revenue came from contributions and grants 8.7% of the total. At year end it held assets of $77k against liabilities of $0, net assets of $77k.