B โ€” EducationEIN: 843390925ยท Ruling Year: 2020

Fosterus

Wilmington, North Carolina

A-Health Score
80A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

How This Organization Compares

Compared to 4 peers in Education with $1M-$10M revenue

๐Ÿ’ฐ
$2.5M
Total Revenue
๐Ÿ“Š
$1.9M
Total Expenses
๐Ÿฆ
$1.6M
Net Assets
๐Ÿ“‹
N/A
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+87.6%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+24.6%
Revenue minus expenses as % of revenue

Filing History

3 filings on record
YearRevenueExpensesAssets
2023$2,478,956โ†‘88%$1,869,253โ†‘422%$1,615,962โ†‘61%
2022$1,321,360โ†‘1690%$358,350โ†‘1065%$1,006,259โ†‘2227%
2021$73,830$30,753$43,249

Frequently Asked Questions

What does Fosterus do?โ–ผ

Fosterus is a education nonprofit organization based in North Carolina. It is classified under NTEE code B82 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Fosterus financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Fosterus has a score of 80/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Fosterus generate?โ–ผ

Fosterus reports $2.7M in annual revenue and holds $607K in total assets, based on IRS filings.

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Fosterus โ€” Wilmington, NC | GiveScope