Promise Leadership Program

Analysis

Promise Leadership Program is a registered charity in United States, based in Oceanside, CA. It received its IRS tax-exemption ruling in June 2023, 3 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Promise Leadership Program reported income of $105k and spending of $17k, leaving 84% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $56k to $105k (+87%), an average of +87% a year. The sharpest change came in the year to December 2023, when income rose by 87%. Over the whole period it spent 45% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Promise Leadership Program sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 40th percentile within CA. Charities of a similar size with the same main cause include Big O Tires Scholarship Fund ($105k), Ames Education Foundation ($105k) and Our Moms Care Inc ($105k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $1 against liabilities of $0, net assets of $1.