Charity Search / PLACE OF PROMISE INC
Religion-Related (X20Z) 990 on File

PLACE OF PROMISE INC

EIN: 04-3233151 · LOWELL, MA 01850-1425 · United States · FY 2025 Data
3 out of 5 54 / 100 Based on 2+ years of filings
Financial strength (30%) 86/100
Reliability (20%) 55/100
Effectiveness (25%) 71/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 9/13/2026
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Financial Overview — FY 2025
$710K
Total Revenue
$509K
Total Expenses
$2.0M
Net Assets
16
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 79.9%
Fundraising Efficiency N/A
Operating Reserve 47.86x
Liability-to-Asset 0.8%
Revenue Diversification 86.7%
Executive Compensation $25K
Compared with Peers
FY 2025
Compared with 4,018 similar organizations (United States, Religion-Related, $100K–$1M in expenses), FY 2025.
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
79.9% 87.7%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
15.8% 8.2%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
4.3% 0.0%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
47.9 mo 7.7 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
0.8% 0.2%
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
86.7% 99.5%
P10P90
Above median
Revenue growth
Year over year revenue growth
0.6% 5.4%
P10P90
Expense growth
Year over year expense growth
8.9% 6.7%
P10P90
Surplus margin
Surplus as a share of revenue
28.3% 2.4%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $710K $509K $2.0M 79.9% 16
2024 $706K $468K $1.8M 81.1% 13
2023 $495K $386K $1.6M 79.2% 12
2022 $642K $355K $1.5M 81.1% 12
2021 $755K $341K N/A — 8
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Organization Details
EIN
04-3233151
State
MA
City
LOWELL
ZIP
01850-1425
Classification
X20Z
Category
Religion-Related
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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