Family Promise of Hillsborough County Inc

Analysis

Family Promise of Hillsborough County Inc is a registered charity in United States, based in Brandon, FL. It received its IRS tax-exemption ruling in August 2010, 16 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 Hillsborough County Inc reported income of $139k and spending of $132k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $96k to $139k (+44%), an average of +44% a year. The sharpest change came in the year to December 2023, when income rose by 44%. Over the whole period it spent 115% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Family Promise of Hillsborough County Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 49th percentile within FL. Charities of a similar size with the same main cause include Breaking the Cycle ($139k), Margaret Manor Elderly Housing Inc ($139k) and Second Step Inc ($139k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 85% of the total. At year end it held assets of $77k against liabilities of $8,805, net assets of $68k.