Charity Search / FAMILY PROMISE OF GREATER KINGSPORT
Housing & Shelter (L41) 990 on File

FAMILY PROMISE OF GREATER KINGSPORT

EIN: 31-1703388 · KINGSPORT, TN 37660-3767 · United States · FY 2024 Data
3 out of 5 55 / 100 Based on 2+ years of filings
Financial strength (30%) 83/100
Reliability (20%) 55/100
Effectiveness (25%) 75/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$542K
Total Revenue
$643K
Total Expenses
$244K
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 93.0%
Fundraising Efficiency 0.0%
Operating Reserve 4.56x
Liability-to-Asset 0.0%
Revenue Diversification 100.4%
Compared with Peers
FY 2024
Compared with 5,473 similar organizations (United States, Housing & Shelter, $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
93.0% 87.3%
P10P90
Above median
Admin expense ratio
Management and general / total expenses · lower is better
7.0% 11.7%
P10P90
Above 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% 18.8%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
4.6 mo 13.6 mo
P10P90
Below median
Liabilities to assets
Total liabilities / total assets · lower is better
0.0% 25.2%
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
100.4% 91.7%
P10P90
Bottom quarter
Revenue growth
Year over year revenue growth
94.2% 5.0%
P10P90
Expense growth
Year over year expense growth
69.8% 5.2%
P10P90
Surplus margin
Surplus as a share of revenue
-18.6% -6.8%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $542K $643K $244K 93.0% 0
2023 $279K $378K $345K 80.8% 8
2022 $381K $360K $445K 85.5% 9
2021 $415K $314K N/A — 10
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Organization Details
EIN
31-1703388
State
TN
City
KINGSPORT
ZIP
37660-3767
Classification
L41
Category
Housing & Shelter
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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