Family Promise of Blount County

Analysis

Family Promise of Blount County is a registered charity in United States, based in Maryville, TN. It received its IRS tax-exemption ruling in September 2008, 18 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 2023, Family Promise of Blount County reported income of $341k and spending of $423k, spending 124% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $421k to $341k (-19%), an average of -5.2% a year. The sharpest change came in the year to June 2021, when income rose by 39%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family Promise of Blount County sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 65th percentile within TN. Charities of a similar size with the same main cause include Choices Pregnancy Center Inc ($341k), Fremont County Alliance Against Domestic Violence ($341k) and Bhaktivedanta Foundation for Higher Education and Global Sustainabili ($341k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 79% and program service revenue 25% of the total. Other salaries and wages came to $229k. At year end it held assets of $712k against liabilities of $226k, net assets of $485k. It reported 8 employees.