Micahs Promise Inc

Analysis

Micahs Promise Inc is a registered charity in United States, based in Columbus, GA. It received its IRS tax-exemption ruling in April 2018, 8 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, Micahs Promise Inc reported income of $1.2m and spending of $1.1m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $885k to $1.2m (+38%), an average of +8.4% a year. The sharpest change came in the year to December 2021, when income rose by 602%. Over the whole period it spent 30% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Micahs Promise Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 85th percentile within GA. Charities of a similar size with the same main cause include Brehon Institute for Family Services Inc ($1.2m), Law Enforcement Action Partnership Inc ($1.2m) and Humanitarian Organization for Multicultural Experiences Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $136k (12% of expenses). Other salaries and wages came to $467k. At year end it held assets of $4.9m against liabilities of $34k, net assets of $4.9m. It reported 34 employees.