Griffin Promise Incorporated

Analysis

Griffin Promise Incorporated is a registered charity in United States, based in Broken Arrow, OK. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Griffin Promise Incorporated reported income of $1.4m and spending of $1.4m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $719k to $1.4m (+92%), an average of +18% a year. The sharpest change came in the year to December 2020, when income rose by 51%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Griffin Promise Incorporated sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within OK. Charities of a similar size with the same main cause include W-House of Hagerstown Foundation Inc ($1.4m), Central Valley Crisis Pregnancy ($1.4m) and Families of Autistic Children of Tidewater Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.8% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $180k (13% of expenses). Other salaries and wages came to $619k. At year end it held assets of $57k against liabilities of $0, net assets of $57k. It reported 22 employees.