Family Promise of Tualatin Valley

Analysis

Family Promise of Tualatin Valley is a registered charity in United States, based in Tigard, OR. It received its IRS tax-exemption ruling in July 2017, 9 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 Tualatin Valley reported income of $17.5m and spending of $4.1m, leaving 76% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $352k to $17.5m (+4880%), an average of +166% a year. The sharpest change came in the year to December 2023, when income rose by 591%. Over the whole period it spent 37% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family Promise of Tualatin Valley sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within OR. Charities of a similar size with the same main cause include Ao North America Inc ($17.5m), Southeastern Vermont Community Action Inc ($17.5m) and South Puget Intertribal Planning ($17.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $186k (4.5% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $14.9m against liabilities of $481k, net assets of $14.4m. It reported 48 employees.