The Promise Tour

Analysis

The Promise Tour is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in May 2008, 18 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, The Promise Tour reported income of $50k and spending of $124k, spending 247% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income fell from $116k to $50k (-57%), an average of -34% a year. The sharpest change came in the year to December 2023, when income dropped by 41%. Over the whole period it spent 144% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, The Promise Tour sits at the 17th percentile: it is larger than about 17% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 18th percentile within TN. Charities of a similar size with the same main cause include Douglas County Legal Aid Society Inc ($50k), When Georgia Smiled-The Robin McGraw Revelation and Dr Phil Foun ($50k) and League of Women Voters of San Luis Obispo ($50k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 254% of the total. At year end it held assets of $98k against liabilities of $4,056, net assets of $94k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.