Family Promise of San Gabriel Valley

Analysis

Family Promise of San Gabriel Valley is a registered charity in United States, based in San Gabriel, CA. It received its IRS tax-exemption ruling in October 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 San Gabriel Valley reported income of $158k and spending of $242k, spending 153% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $278k to $158k (-43%), an average of -13% a year. The sharpest change came in the year to December 2022, when income dropped by 42%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family Promise of San Gabriel Valley sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 51st percentile within CA. Charities of a similar size with the same main cause include Promoting Health in Haiti Inc ($158k), United Way of Central Missouri Foundation ($158k) and Stone Stories Ministries Inc ($158k).

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 $186k against liabilities of $16k, net assets of $170k.