Family Promise of Hamilton County

Analysis

Family Promise of Hamilton County is a registered charity in United States, based in Noblesville, IN. It received its IRS tax-exemption ruling in September 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 Hamilton County reported income of $554k and spending of $377k, leaving 32% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $360k to $554k (+54%), an average of +15% a year. The sharpest change came in the year to December 2022, when income rose by 34%. Over the whole period it spent 74% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family Promise of Hamilton County sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within IN. Charities of a similar size with the same main cause include Warriors Helping Warriors ($554k), Friends of Yad Lkashish-Lifeline for the Old ($554k) and Friends of Vinhson Montagnard Catholic Orphanage & Mission-Vietm ($554k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $173k. At year end it held assets of $554k against liabilities of $12k, net assets of $542k. It reported 6 employees.