Family Promise of Santa Rosa Inc

Analysis

Family Promise of Santa Rosa Inc is a registered charity in United States, based in Milton, FL. It received its IRS tax-exemption ruling in May 2004, 22 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 June 2023, Family Promise of Santa Rosa Inc reported income of $109k and spending of $123k, spending 113% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $104k to $109k (+4.2%), an average of +1.0% a year. The sharpest change came in the year to June 2022, when income rose by 87%. Over the whole period it spent 139% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family Promise of Santa Rosa Inc sits at the 35th 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 43rd percentile within FL. Charities of a similar size with the same main cause include Blair Senior Fund ($109k), Jovenes Bronx Inc ($109k) and Mid-North Food Pantry Inc ($109k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.1% of the total. Compensation of current officers, directors and key employees was $32k (26% of expenses). At year end it held assets of $1.0m against liabilities of $11k, net assets of $1.0m. It reported 1 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.