Promised Land Living

Analysis

Promised Land Living is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in February 2019, 7 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 December 2023, Promised Land Living reported income of $187k and spending of $173k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $132k to $187k (+42%), an average of +42% a year. The sharpest change came in the year to December 2023, when income rose by 42%. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Promised Land Living sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within NC. Charities of a similar size with the same main cause include The Trucking Collective Inc ($187k), Tierce Green Ministries Inc ($187k) and Volunteers for Christ Inc ($187k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 1.2% of the total. At year end it held assets of $143k against liabilities of $451, net assets of $143k.