Our Promise

Analysis

Our Promise is a registered charity in United States, based in Hot Springs, AR. It received its IRS tax-exemption ruling in December 2010, 16 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Our Promise reported income of $229k and spending of $365k, spending 159% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $657k to $229k (-65%), an average of -23% a year. The sharpest change came in the year to December 2021, when income dropped by 63%. Over the whole period it spent 72% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Our Promise 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 57th percentile, and in the 58th percentile within AR. Charities of a similar size with the same main cause include Jacksonville Alcoholics Benevolent Association Inc ($229k), Kumi Uri USA ($229k) and Adys Army ($229k).

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 $77k (21% of expenses). At year end it held assets of $796k against liabilities of $0, net assets of $796k. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.