West Covina Foster Family Agency

Analysis

West Covina Foster Family Agency is a registered charity in United States, based in RCH Cucamonga, CA. It received its IRS tax-exemption ruling in September 1994, 32 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, West Covina Foster Family Agency reported income of $4.9m and spending of $4.8m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.5m to $4.9m (+38%), an average of +8.4% a year. The sharpest change came in the year to December 2020, when income rose by 34%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, West Covina Foster Family Agency sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include Sahuarita Food Bank ($4.9m), Congregation Ramapo Cheder ($4.9m) and The Orphanetwork ($4.9m).

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 $171k (3.6% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $4.2m against liabilities of $2.6m, net assets of $1.6m. It reported 55 employees.