Childrens Hope Foster Family Agency

Analysis

Childrens Hope Foster Family Agency is a registered charity in United States, based in Gridley, CA. It received its IRS tax-exemption ruling in June 1990, 36 years ago. 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, Childrens Hope Foster Family Agency reported income of $12.1m and spending of $12.1m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $10.0m to $12.1m (+20%), an average of +4.7% a year. The sharpest change came in the year to December 2021, when income rose by 17%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Childrens Hope Foster Family Agency sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include United Cerebral Palsy of Broward Palm Beach and Mid Coast Counties ($12.1m), L I F E Inc ($12.1m) and Therapeutic Learning Center ($12.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $692k (5.7% of expenses). Other salaries and wages came to $3.3m. At year end it held assets of $5.9m against liabilities of $1.1m, net assets of $4.8m. It reported 105 employees.