Operation Promise Community Services Inc

Analysis

Operation Promise Community Services Inc is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in July 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, Operation Promise Community Services Inc reported income of $92k and spending of $79k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $45k to $92k (+101%), an average of +101% a year. The sharpest change came in the year to December 2023, when income rose by 101%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Operation Promise Community Services Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 37th percentile within CA. Charities of a similar size with the same main cause include Hook Line and Heroes ($92k), Prairie View Home Foundation ($92k) and Zenworks Yoga ($92k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 0.4% of the total. At year end it held assets of $44k against liabilities of $0, net assets of $44k.