Family Promise of Cheyenne

Analysis

Family Promise of Cheyenne is a registered charity in United States, based in Cheyenne, WY. It received its IRS tax-exemption ruling in July 2000, 26 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 Cheyenne reported income of $294k and spending of $216k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $215k to $294k (+36%), an average of +8.1% a year. The sharpest change came in the year to December 2022, when income rose by 126%. Over the whole period it spent 73% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family Promise of Cheyenne sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within WY. Charities of a similar size with the same main cause include Peanut Butter & Jesus Inc ($294k), Dividing Bread Ministry Inc ($294k) and Hopes Landing Wem ($294k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $55k (25% of expenses). Other salaries and wages came to $39k. At year end it held assets of $564k against liabilities of $61k, net assets of $503k. It reported 3 employees.