Family Promise of Grant County Inc

Analysis

Family Promise of Grant County Inc is a registered charity in United States, based in Lancaster, WI. It received its IRS tax-exemption ruling in November 2014, 12 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 Grant County Inc reported income of $108k and spending of $110k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $104k to $108k (+4.3%), an average of +1.1% a year. The sharpest change came in the year to December 2022, when income rose by 50%. Over the whole period it spent 92% 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 Grant County Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within WI. Charities of a similar size with the same main cause include Orange Grove Development No Seven Inc ($108k), South Carthage Manor Inc ($108k) and Mercy Outreach Ministries VI Inc ($108k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% of the total. Other salaries and wages came to $64k. At year end it held assets of $625k against liabilities of $14k, net assets of $612k. It reported 2 employees.