Promise Kids a Future Incorporated

Analysis

Promise Kids a Future Incorporated is a registered charity in United States, based in Georgetown, KY. It received its IRS tax-exemption ruling in February 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Promise Kids a Future Incorporated reported income of $154k and spending of $151k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $141k to $154k (+9.1%), an average of +9.1% a year. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Promise Kids a Future Incorporated sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within KY. Charities of a similar size with the same main cause include Rockenbaugh Elementary School Parent Teacher Organization ($154k), Gardens Edge ($154k) and Immaculate Heart Academy Foundation ($154k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 37% of the total. At year end it held assets of $50k against liabilities of $0, net assets of $50k.