Family Promise of Birmingham Inc

Analysis

Family Promise of Birmingham Inc is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in July 1997, 29 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 Birmingham Inc reported income of $186k and spending of $228k, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $196k to $186k (-4.9%), an average of -1.2% a year. The sharpest change came in the year to December 2020, when income rose by 61%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family Promise of Birmingham Inc sits at the 47th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 53rd percentile within AL. Charities of a similar size with the same main cause include Ateaze Senior Center ($186k), Project Help of Steuben County Inc ($186k) and Life Mower County ($186k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% of the total. Compensation of current officers, directors and key employees was $62k (27% of expenses). Other salaries and wages came to $39k. At year end it held assets of $242k against liabilities of $0, net assets of $242k. It reported 3 employees.