Inner Circle Foster Family Agency

Analysis

Inner Circle Foster Family Agency is a registered charity in United States, based in El Monte, CA. It received its IRS tax-exemption ruling in August 1991, 35 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, Inner Circle Foster Family Agency reported income of $7.8m and spending of $4.4m, leaving 44% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $8.6m to $7.8m (-9.0%), an average of -2.3% a year. The sharpest change came in the year to December 2023, when income rose by 59%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Inner Circle Foster Family Agency sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Community Services Council of Brevard County Inc ($7.8m), Montgomery Child Care Association Inc ($7.8m) and Economic Opportunity Program Inc of Chemung County ($7.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 2.6% of the total. Compensation of current officers, directors and key employees was $166k (3.8% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $10.9m against liabilities of $974k, net assets of $10.0m. It reported 26 employees.