Family Promise of Great Falls

Analysis

Family Promise of Great Falls is a registered charity in United States, based in Great Falls, MT. It received its IRS tax-exemption ruling in November 2013, 13 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Great Falls reported income of $310k and spending of $240k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $167k to $310k (+86%), an average of +17% a year. The sharpest change came in the year to December 2022, when income rose by 126%. Over the whole period it spent 78% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Family Promise of Great Falls sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within MT. Charities of a similar size with the same main cause include Gaining Christ Ministries ($310k), Permanecer Ministries Inc ($310k) and Elijah Ministries Inc ($310k).

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 $60k (25% of expenses). Other salaries and wages came to $44k. At year end it held assets of $258k against liabilities of $2,340, net assets of $256k. It reported 3 employees.