Religion-Related
(X200)
IRS Verified
DX Registered
990 on File
PROMISE OF HOPE INC
Financial strength (30%)
98/100
Reliability (20%)
55/100
Effectiveness (25%)
81/100
Impact (25%)
No data yet
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CharityAI™ Score
Not yet evaluated
Mission Statement
An organization of professionals and recovery persons presenting to women and men pathways of forgiveness, acceptance and freedom through the study of God's Holy Word and 12-step programs."
Financial Overview — FY 2024
$685K
Total Revenue
$642K
Total Expenses
$800K
Net Assets
12
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
85.1%
Fundraising Efficiency
0.0%
Operating Reserve
14.95x
Liability-to-Asset
0.9%
Revenue Diversification
73.5%
Compared with Peers
FY 2024
Compared with 8,453 similar organizations
(United States, Religion-Related, $100K–$1M in expenses), FY 2024.
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
|
85.1% | 87.8% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
14.9% | 8.5% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
0.0% | 16.6% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
15.0 mo | 7.9 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.9% | 0.5% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
73.5% | 99.6% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
6.9% | 6.0% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-10.9% | 6.9% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
6.2% | 2.1% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $685K | $642K | $800K | 85.1% | 12 |
| 2023 | $641K | $721K | $757K | 92.9% | 12 |
| 2022 | $684K | $666K | $827K | 91.9% | 16 |
| 2021 | $681K | $650K | N/A | — | 17 |
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