Family Promise of Delaware County

Analysis

Family Promise of Delaware County is a registered charity in United States, based in Delaware, OH. It received its IRS tax-exemption ruling in March 2009, 17 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 Delaware County reported income of $828k and spending of $889k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $229k to $828k (+262%), an average of +38% a year. The sharpest change came in the year to December 2020, when income rose by 109%. Over the whole period it spent 97% 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 Delaware County sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within OH. Charities of a similar size with the same main cause include Benetwood Corporation ($828k), Senior Living Alternatives Inc ($828k) and Pilgrims Senior Citizens Housing Development Corp ($828k).

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 $295k (33% of expenses). Other salaries and wages came to $166k. At year end it held assets of $361k against liabilities of $28k, net assets of $333k. It reported 23 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.