As a foster parent, are the payments I receive taxable to me?

The tax law allows individuals who receive foster care payments to exclude them from gross income if all three of the following conditions are met: (1) Payments are made pursuant to a foster care program of a State; (2) payments are paid by a State or political subdivision thereof, or a qualified agency; and (3) payments are paid to a foster care provider for the care of a qualified foster individual in the foster care provider’s home.