Family Promise of Lycoming County Incorporated

Analysis

Family Promise of Lycoming County Incorporated is a registered charity in United States, based in Williamsport, PA. It received its IRS tax-exemption ruling in April 2009, 17 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 Lycoming County Incorporated reported income of $380k and spending of $287k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $202k to $380k (+88%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 33%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family Promise of Lycoming County Incorporated sits at the 60th 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 64th percentile within PA. Charities of a similar size with the same main cause include Elaine ($380k), Gatesville Care Center ($380k) and Assistance League of Irvine ($380k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $50k (17% of expenses). Other salaries and wages came to $76k. At year end it held assets of $467k against liabilities of $228k, net assets of $239k. It reported 5 employees.