Radiant Promises Inc

Analysis

Radiant Promises Inc is a registered charity in United States, based in Valley Center, CA. It received its IRS tax-exemption ruling in March 2020, 6 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, Radiant Promises Inc reported income of $101k and spending of $86k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $806k to $101k (-88%), an average of -88% a year. The sharpest change came in the year to December 2023, when income dropped by 88%. Over the whole period it spent 16% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Radiant Promises Inc 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 37th percentile, and in the 39th percentile within CA. Charities of a similar size with the same main cause include Louis Segreto 26 Foundation ($101k), Lewes Lions Foundation ($101k) and Life Matters Outreach Inc ($101k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $733k against liabilities of $0, net assets of $733k.