Joshuas Promise

Analysis

Joshuas Promise is a registered charity in United States, based in Meigs, GA. It received its IRS tax-exemption ruling in October 2008, 18 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, Joshuas Promise reported income of $108k and spending of $51k, leaving 53% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $72k to $108k (+50%), an average of +50% a year. The sharpest change came in the year to December 2023, when income rose by 50%. Over the whole period it spent 62% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Joshuas Promise sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 41st percentile within GA. Charities of a similar size with the same main cause include Wendell Starling Housing Corporation ($108k), Arcadia Commons Inc ($108k) and Dompet Dhuafa USA Inc ($108k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $114k against liabilities of $22k, net assets of $92k.