Family Promise of Greater Savannah Inc

Analysis

Family Promise of Greater Savannah Inc is a registered charity in United States, based in Savannah, GA. It received its IRS tax-exemption ruling in April 1998, 28 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 Greater Savannah Inc reported income of $766k and spending of $1.0m, spending 133% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $424k to $766k (+81%), an average of +16% a year. The sharpest change came in the year to December 2020, when income rose by 394%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family Promise of Greater Savannah Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within GA. Charities of a similar size with the same main cause include Cotillion Home ($766k), Community Agricultural and Nutritional Enterprises Inc ($766k) and Seven Corners Childrens Center Inc ($766k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.5% of the total. Compensation of current officers, directors and key employees was $90k (8.8% of expenses). Other salaries and wages came to $174k. At year end it held assets of $1.0m against liabilities of $342k, net assets of $665k. It reported 11 employees.