Promise of Hope-Tattnall Inc

Analysis

Promise of Hope-Tattnall Inc is a registered charity in United States, based in Glennville, GA. It received its IRS tax-exemption ruling in June 2018, 8 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Promise of Hope-Tattnall Inc reported income of $180k and spending of $216k, spending 120% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $267k to $180k (-32%), an average of -12% a year. The sharpest change came in the year to December 2021, when income dropped by 19%. Over the whole period it spent 84% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Promise of Hope-Tattnall Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 55th percentile within GA. Charities of a similar size with the same main cause include Gradys Decision ($180k), Onecity for Recovery Inc ($180k) and Squat Media ($180k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 51% of the total. Other salaries and wages came to $123k. At year end it held assets of $250k against liabilities of $4,795, net assets of $246k. It reported 4 employees.