Promises of God Recovery

Analysis

Promises of God Recovery is a registered charity in United States, based in Defuniak SPGS, FL. It received its IRS tax-exemption ruling in March 2018, 8 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 March 2024, Promises of God Recovery reported income of $74k and spending of $93k, spending 125% of what it took in. Across the 5 years on record, from March 2020 to March 2024, income grew from $49k to $74k (+53%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 111%. Over the whole period it spent 85% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Promises of God Recovery sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 33rd percentile within FL. Charities of a similar size with the same main cause include Interfaith Outreach United ($74k), Youth First Corporate ($74k) and Journey Church East Bay ($74k).

On its Form 990-EZ for the period ending March 2024, revenue came from contributions and grants 80% of the total. At year end it held assets of $171k against liabilities of $94k, net assets of $77k.