Family Promise of Waukesha County Inc

Analysis

Family Promise of Waukesha County Inc is a registered charity in United States, based in Wales, WI. It received its IRS tax-exemption ruling in September 2012, 14 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 Waukesha County Inc reported income of $631k and spending of $880k, spending 140% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $213k to $631k (+197%), an average of +31% a year. The sharpest change came in the year to December 2020, when income rose by 114%. Over the whole period it spent 94% 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 Waukesha County Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within WI. Charities of a similar size with the same main cause include Peninsula Housing Development Inc VIII ($631k), Frontier Communities Inc ($631k) and Restoration Community Outreach ($631k).

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 $78k (8.9% of expenses). Other salaries and wages came to $295k. At year end it held assets of $616k against liabilities of $315k, net assets of $301k. It reported 16 employees.