Family Promise of Wayne County Ny Inc

Analysis

Family Promise of Wayne County Ny Inc is a registered charity in United States, based in Newark, NY. It received its IRS tax-exemption ruling in September 2019, 7 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 June 2023, Family Promise of Wayne County Ny Inc reported income of $183k and spending of $235k, spending 129% of what it took in. Across the 3 years on record, from June 2021 to June 2023, income fell from $248k to $183k (-26%), an average of -14% a year. The sharpest change came in the year to June 2022, when income dropped by 19%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family Promise of Wayne County Ny Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within NY. Charities of a similar size with the same main cause include Sentli-Center for Regenerative Agriculture ($183k), Citizen Advocacy of Atlanta & Dekalb Inc ($183k) and Gardenshare Inc ($183k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 102% of the total. At year end it held assets of $137k against liabilities of $21k, net assets of $116k.