Elijahs Promise

Analysis

Elijahs Promise is a registered charity in United States, based in New Brunswick, NJ. It received its IRS tax-exemption ruling in March 1991, 35 years ago. Its declared purposes cover food, agriculture and nutrition, 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, Elijahs Promise reported income of $2.6m and spending of $2.3m, spending 91% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $2.6m to $2.6m (-1.0%), an average of -0.2% a year. The sharpest change came in the year to June 2022, when income dropped by 25%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Elijahs Promise sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within NJ. Charities of a similar size with the same main cause include Columbia Gorge Helping Hands Food Salvage ($2.6m), TLC Family Resource Center ($2.6m) and Young Mens Christian Association of Bucyrus-Tiffin Inc ($2.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 92% and program service revenue 1.8% of the total. Compensation of current officers, directors and key employees was $151k (6.5% of expenses). Other salaries and wages came to $792k. At year end it held assets of $4.3m against liabilities of $98k, net assets of $4.2m. It reported 24 employees.