Family Promise of Baldwin Countyinc

Analysis

Family Promise of Baldwin Countyinc is a registered charity in United States, based in Summerdale, AL. It received its IRS tax-exemption ruling in February 2007, 19 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Baldwin Countyinc reported income of $394k and spending of $551k, spending 140% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $378k to $394k (+4.0%), an average of +1.0% a year. The sharpest change came in the year to December 2021, when income rose by 227%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family Promise of Baldwin Countyinc sits at the 61st percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 69th percentile within AL. Charities of a similar size with the same main cause include Forever Kings Inc ($394k), Abba Womens Center Inc ($394k) and Grace Solutions ($393k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% of the total. Compensation of current officers, directors and key employees was $61k (11% of expenses). Other salaries and wages came to $132k. At year end it held assets of $695k against liabilities of $11k, net assets of $684k. It reported 5 employees.