Family Promise of Bell County Inc

Analysis

Family Promise of Bell County Inc is a registered charity in United States, based in Temple, TX. It received its IRS tax-exemption ruling in January 2004, 22 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 September 2023, Family Promise of Bell County Inc reported income of $511k and spending of $507k, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $95k to $511k (+438%), an average of +52% a year. The sharpest change came in the year to September 2021, when income rose by 937%. Over the whole period it spent 44% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Family Promise of Bell County Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 75th percentile within TX. Charities of a similar size with the same main cause include Talbot Bernard Senior Housing Corporation ($511k), Fairfield Housing Corporation ($511k) and NCSC USA Housing Development Corporation Three ($511k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $136k (27% of expenses). Other salaries and wages came to $49k. At year end it held assets of $2.1m against liabilities of $6,242, net assets of $2.1m. It reported 5 employees.