Health Care
(E70)
IRS Verified
DX Registered
990 on File
PROMISE HEALTHCARE NFP
Financial strength (30%)
84/100
Reliability (20%)
55/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$13.0M
Total Revenue
$14.6M
Total Expenses
$2.6M
Net Assets
144
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
85.6%
Fundraising Efficiency
N/A
Operating Reserve
2.13x
Liability-to-Asset
36.5%
Revenue Diversification
75.2%
Executive Compensation
$491K
Compared with Peers
FY 2024
Compared with 2,013 similar organizations
(United States, Health Care, $10M–$100M 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
|
85.6% | 84.6% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
14.4% | 14.6% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
2.1 mo | 6.8 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
36.5% | 35.3% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
75.2% | 92.5% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
8.9% | 7.3% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
11.0% | 7.7% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-12.4% | 1.0% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $13.0M | $14.6M | $2.6M | 85.6% | 144 |
| 2023 | $12.0M | $13.2M | $4.2M | 82.6% | 152 |
| 2022 | $11.8M | $11.2M | $5.4M | 78.1% | 131 |
| 2021 | $13.2M | $10.6M | N/A | — | 107 |
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