Housing & Shelter
(L41)
IRS Verified
DX Registered
990 on File
FAMILY PROMISE OF LAKE HOUSTON
Financial strength (30%)
85/100
Reliability (20%)
50/100
Effectiveness (25%)
90/100
Impact (25%)
70/100
CharityAI™ Score
Not yet evaluated
Mission Statement
Family Promise of Lake Houston provides programs and services necessary to address the underlying causes of homelessness and to return our families to a self-sustaining life. We bring together service agencies and local volunteers to provide safe, temporary housing, meals, and support services to homeless families in the Lake Houston area
Financial Overview — FY 2024
N/A
Total Revenue
N/A
Total Expenses
N/A
Net Assets
4
Employees
Program Expense Ratio
N/A
Fundraising Efficiency
0.0%
Operating Reserve
N/A
Liability-to-Asset
0.0%
Revenue Diversification
N/A
Compared with Peers
FY 2023
Compared with 7,651 similar organizations
(United States, Housing & Shelter, $100K–$1M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
78.5% | 87.5% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
0.0% | 11.6% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
21.5% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
25.3 mo | 13.3 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
33.3% | 27.0% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
120.1% | 92.2% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
11.5% | 4.4% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
73.8% | 4.9% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
12.4% | -7.3% |
P10P90
|
Impact
3 programs| Outcome / Program | People Served | Cost / Service | # Completed | Duration |
|---|---|---|---|---|
| Self-Sufficiency of Family Unit | 177 | $2,000.00 | — | Per Year |
| Resources provided for food | 5,077 | $50.00 | — | Per Year |
| Stabilized family to provide basic support for children | 87 | $200.00 | — | Per Year |
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | N/A | N/A | N/A | — | 4 |
| 2023 | $562K | $492K | $1.0M | 78.5% | 4 |
| 2022 | $504K | $283K | $968K | 84.1% | 2 |
| 2021 | $299K | $249K | N/A | — | 2 |
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