Family Builders Foster Care Inc

Analysis

Family Builders Foster Care Inc is a registered charity in United States, based in Visalia, CA. It received its IRS tax-exemption ruling in December 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 June 2024, Family Builders Foster Care Inc reported income of $1.6m and spending of $1.4m, spending 90% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $4.0m to $1.6m (-59%), an average of -16% a year. The sharpest change came in the year to June 2021, when income dropped by 30%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family Builders Foster Care Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include Center in the Park Inc ($1.6m), Life Perspectives ($1.6m) and Sebastian Retired Citizens Assoc ($1.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $114k (7.9% of expenses). Other salaries and wages came to $411k. At year end it held assets of $772k against liabilities of $380k, net assets of $392k. It reported 20 employees.