Family Promise of Jacksonville Inc

Analysis

Family Promise of Jacksonville Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in May 2001, 25 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 Jacksonville Inc reported income of $650k and spending of $697k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $276k to $650k (+135%), an average of +24% a year. The sharpest change came in the year to December 2020, when income rose by 167%. Over the whole period it spent 97% 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 Jacksonville Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within FL. Charities of a similar size with the same main cause include Chrysalis Lutheran Homes Inc ($650k), Lynn Housing Authority Development Group Inc ($650k) and Telacu Housing-San Bernardino Inc ($650k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $191k. At year end it held assets of $372k against liabilities of $76k, net assets of $297k. It reported 5 employees.