Family Promise of Lincoln County

Analysis

Family Promise of Lincoln County is a registered charity in United States, based in Lincoln City, OR. It received its IRS tax-exemption ruling in October 2012, 14 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 Lincoln County reported income of $206k and spending of $160k, leaving 22% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $223k to $206k (-8.0%), an average of -2.7% a year. The sharpest change came in the year to December 2023, when income rose by 101%. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family Promise of Lincoln County sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within OR. Charities of a similar size with the same main cause include National Safe Haven Alliance ($206k), Pure Play Every Day Inc ($206k) and Durham Community Foundation ($206k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 12% of the total. Other salaries and wages came to $101k. At year end it held assets of $361k against liabilities of -$672, net assets of $361k. It reported 2 employees.