Fields of Promise Inc

Analysis

Fields of Promise Inc is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in June 2007, 19 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, Fields of Promise Inc reported income of $64k and spending of $85k, spending 134% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $56k to $64k (+13%), an average of +13% a year. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fields of Promise Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 22nd percentile within CO. Charities of a similar size with the same main cause include Consumer Credit Nationwide ($64k), America Responds with Love Inc ($64k) and The Reede Scholars Inc ($64k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $201k against liabilities of $0, net assets of $201k.