Financial Information for Promise INC

Promise INC's annual revenue was $1.6M in tax year 2024, reported on their IRS Form 990. They spent $1.5M in total expenses. 78% went to programs and services.

Financial Breakdown

What is Promise INC's total annual expenses?

Promise INC spent $1.5M in tax year 2024, according to their IRS Form 990 filing.

How much of Promise INC's budget goes to programs?

Promise INC spent $1.1M (78% of expenses) on programs and services in tax year 2024.

How much does Promise INC spend on overhead?

Promise INC's overhead in tax year 2024 includes administrative (17%) and fundraising (6%) of their expenses.

What is Promise INC's net worth?

Promise INC had net assets of $5.6M as of the end of tax year 2024.

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All figures are reported on the organization's IRS Form 990 filing and are public record. Revenue and expense data come from Form 990 Part I, and asset data comes from the balance sheet section. These are filed amounts as reported by the organization.