Family Promise Inc
Summit, New Jersey
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $6,611,379↑5% | $5,784,208↓24% | $7,560,643↑21% | — |
| 2022 | $6,304,830↓3% | $7,572,919↑17% | $6,255,116↓19% | — |
| 2021 | $6,508,376↓18% | $6,462,739↑28% | $7,678,924↑5% | — |
| 2020 | $7,972,729↑92% | $5,032,402↑43% | $7,291,427↑75% | — |
| 2019 | $4,149,993↑22% | $3,527,967↑47% | $4,175,216↑24% | — |
| 2018 | $3,389,573↑53% | $2,404,927↑11% | $3,355,589↑43% | — |
| 2017 | $2,222,552 | $2,165,737↑17% | $2,354,412↑6% | — |
| 2016 | $2,232,552↑41% | $1,849,869↑9% | $2,225,693↑33% | — |
| 2015 | $1,584,679↓21% | $1,700,551↓9% | $1,668,044↓7% | — |
| 2014 | $1,995,329↑7% | $1,858,782↑19% | $1,786,955↑7% | — |
| 2013 | $1,856,322↑37% | $1,568,162↑33% | $1,669,765↑22% | — |
| 2012 | $1,355,003↑10% | $1,176,685↓15% | $1,372,192↑15% | — |
| 2011 | $1,230,201 | $1,384,648 | $1,197,850 | — |
Frequently Asked Questions
What does Family Promise Inc do?▼
Family Promise Inc is a housing & shelter nonprofit organization based in New Jersey. It is classified under NTEE code L41I and is registered as a 501(c) tax-exempt organization with the IRS.
Is Family Promise Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Family Promise Inc has a score of 74/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Family Promise Inc generate?▼
Family Promise Inc reports $9.3M in annual revenue and holds $12.2M in total assets, based on IRS filings.
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