Charity Search / PROMISE OF HOPE INC
Religion-Related (X200) IRS Verified DX Registered 990 on File

PROMISE OF HOPE INC

EIN: 58-2435696 · COCHRAN, GA 31014-2945 · United States · FY 2024 Data
3 out of 5 59 / 100 Based on 2+ years of filings
Financial strength (30%) 98/100
Reliability (20%) 55/100
Effectiveness (25%) 81/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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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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Organization Details
EIN
58-2435696
State
GA
City
COCHRAN
ZIP
31014-2945
Classification
X200
Category
Religion-Related
Rating
3★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
1999
Foundation Code
15
Form 990
On File
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