Family Promise of Yellowstone Valley

Analysis

Family Promise of Yellowstone Valley is a registered charity in United States, based in Billings, MT. It received its IRS tax-exemption ruling in August 2004, 22 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Family Promise of Yellowstone Valley reported income of $1.5m and spending of $456k, leaving 69% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $560k to $1.5m (+162%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 114%. Over the whole period it spent 55% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Family Promise of Yellowstone Valley sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within MT. Charities of a similar size with the same main cause include One Mission Inc ($1.5m), Coalition for Food and Health Equity Inc ($1.5m) and The Iga Nephropathy Foundation of America Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 1.1% of the total. Other salaries and wages came to $262k. It paid $5,500 in professional fundraising fees. At year end it held assets of $3.2m against liabilities of $534k, net assets of $2.7m. It reported 9 employees.