Promise Doers

Analysis

Promise Doers is a registered charity in United States, based in Torrance, CA. It received its IRS tax-exemption ruling in March 2023, 3 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 Doers reported income of $210k and spending of $81k, leaving 62% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $151k to $210k (+39%), an average of +39% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 22% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Promise Doers sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 57th percentile within CA. Charities of a similar size with the same main cause include United States Jci Senate Foundation ($210k), Towner County Ambulance Service Inc ($210k) and Bishop Museum of Science and Nature Enndowment Trust ($210k).

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 $281k against liabilities of $0, net assets of $281k.