Family Promise Montco Pa

Analysis

Family Promise Montco Pa is a registered charity in United States, based in Ambler, PA. It received its IRS tax-exemption ruling in February 1989, 37 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 June 2024, Family Promise Montco Pa reported income of $1.4m and spending of $1.4m, spending 100% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.2m to $1.4m (+18%), an average of +4.1% a year. The sharpest change came in the year to June 2021, when income rose by 29%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family Promise Montco Pa sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 81st percentile within PA. Charities of a similar size with the same main cause include Gendercool Project ($1.4m), Nutrition Plus Inc ($1.4m) and Assistance League of Denver ($1.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 86% and program service revenue 7.7% of the total. Compensation of current officers, directors and key employees was $144k (10% of expenses). Other salaries and wages came to $427k. It paid $13k in professional fundraising fees. At year end it held assets of $2.4m against liabilities of $873k, net assets of $1.5m. It reported 13 employees.