Family Promise of Warren County

Analysis

Family Promise of Warren County is a registered charity in United States, based in Lebanon, OH. It received its IRS tax-exemption ruling in February 1998, 28 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 Warren County reported income of $1.3m and spending of $703k, leaving 44% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $600k to $1.3m (+110%), an average of +20% a year. The sharpest change came in the year to December 2022, when income rose by 53%. Over the whole period it spent 66% 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 Warren County sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within OH. Charities of a similar size with the same main cause include Franklin Housing Collaborative ($1.3m), Dock Manor Inc ($1.3m) and Heating Energy Assistance Team Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $73k (10% of expenses). Other salaries and wages came to $229k. At year end it held assets of $2.8m against liabilities of $617k, net assets of $2.2m. It reported 9 employees.