Family Promise of Metro East

Analysis

Family Promise of Metro East is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in June 2020, 6 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 Metro East reported income of $256k and spending of $216k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $122k to $256k (+110%), an average of +110% a year. The sharpest change came in the year to December 2023, when income rose by 110%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family Promise of Metro East sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 58th percentile within OR. Charities of a similar size with the same main cause include Porch Inc ($256k), Scituate Community Christmas Inc ($256k) and Hoina-Homes of the Indian Nation ($256k).

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 $85k (39% of expenses). Other salaries and wages came to $53k. At year end it held assets of $136k against liabilities of $918, net assets of $135k. It reported 3 employees.