Jeremiahs Promise

Analysis

Jeremiahs Promise is a registered charity in United States, based in Redwood City, CA. It received its IRS tax-exemption ruling in January 2003, 23 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Jeremiahs Promise reported income of $87k and spending of $94k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $106k to $87k (-18%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 18%. Over the whole period it spent 114% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Jeremiahs Promise sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 35th percentile within CA. Charities of a similar size with the same main cause include Saint Matthews Youth Sports ($87k), Buffalo Lacrosse Club ($87k) and SD Trails Development Corporation ($87k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 106% and program service revenue 0.5% of the total. At year end it held assets of $70k against liabilities of $0, net assets of $70k.