Holy Family Services Adoption & Foster Care

Analysis

Holy Family Services Adoption & Foster Care is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in January 1965, 61 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 2023, Holy Family Services Adoption & Foster Care reported income of $437k and spending of $628k, spending 144% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $436k to $437k (+0.3%), an average of +0.1% a year. The sharpest change came in the year to June 2021, when income rose by 49%. Over the whole period it spent 134% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Holy Family Services Adoption & Foster Care sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include Georgias Friends ($437k), Brightcare ($437k) and Swain-Qualla Safe Inc ($437k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 67% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $103k (16% of expenses). Other salaries and wages came to $246k. At year end it held assets of $387k against liabilities of $148k, net assets of $239k. It reported 8 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.