Central Valley Foster Care Inc

Analysis

Central Valley Foster Care Inc is a registered charity in United States, based in Riverbank, CA. It received its IRS tax-exemption ruling in February 2001, 25 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, Central Valley Foster Care Inc reported income of $650k and spending of $861k, spending 132% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $982k to $650k (-34%), an average of -9.8% a year. The sharpest change came in the year to December 2022, when income dropped by 26%. Over the whole period it spent 113% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Central Valley Foster Care Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Variety Childrens Charities of the Desert Tent 66 ($650k), Childrens Tree House ($650k) and Quality Care Home Facilities ($650k).

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 $103k (12% of expenses). Other salaries and wages came to $131k. At year end it held assets of $343k against liabilities of $685k, net assets of -$342k. It reported 7 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.