Family Promise of Greater Concord Inc

Analysis

Family Promise of Greater Concord Inc is a registered charity in United States, based in Concord, NH. It received its IRS tax-exemption ruling in August 2013, 13 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 Concord Inc reported income of $174k and spending of $253k, spending 145% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $201k to $174k (-13%), an average of -6.9% a year. The sharpest change came in the year to December 2022, when income rose by 164%. Over the whole period it spent 86% 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 Concord Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 52nd percentile within NH. Charities of a similar size with the same main cause include Children of War Foundation ($174k), Churches Outreach Network ($174k) and Fight Ministries Inc ($174k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $295k against liabilities of $60k, net assets of $235k.