Family Promise of Southern Chester County

Analysis

Family Promise of Southern Chester County is a registered charity in United States, based in Kennett Square, PA. It received its IRS tax-exemption ruling in August 2015, 11 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 Southern Chester County reported income of $371k and spending of $573k, spending 155% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $422k to $371k (-12%), an average of -3.2% a year. The sharpest change came in the year to December 2020, when income rose by 57%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family Promise of Southern Chester County sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within PA. Charities of a similar size with the same main cause include Childrens Book Project ($371k), Muslim Womens Institute for Research and Development ($371k) and Camp Ashreinu of Cincinnati ($371k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% of the total. Other salaries and wages came to $219k. At year end it held assets of $675k against liabilities of $2,139, net assets of $673k. It reported 12 employees.