Family Promise of Greater Orlando Inc

Analysis

Family Promise of Greater Orlando Inc is a registered charity in United States, based in Winter Park, FL. It received its IRS tax-exemption ruling in November 2000, 26 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 Orlando Inc reported income of $1.2m and spending of $1.2m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $804k to $1.2m (+55%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 43%. Over the whole period it spent 89% 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 Orlando Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within FL. Charities of a similar size with the same main cause include New Wine Development Corporation Inc ($1.2m), Ready for Life Inc ($1.2m) and Young Parents Network Incorporated ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $541k. At year end it held assets of $1.5m against liabilities of $237k, net assets of $1.2m. It reported 19 employees.