Elizabeths Promise Awards Inc

Analysis

Elizabeths Promise Awards Inc is a registered charity in United States, based in Elizabeth, NJ. It received its IRS tax-exemption ruling in January 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Elizabeths Promise Awards Inc reported income of $127k and spending of $129k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $110k to $127k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Elizabeths Promise Awards Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 51st percentile within NJ. Charities of a similar size with the same main cause include Early Care and Learning Inc ($127k), National Employment Network Association ($127k) and Rocklin Educational Excellence Foundation ($127k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $16k against liabilities of $0, net assets of $16k.