PROMISE ACADEMY INC is a Public Charity headquartered in MEMPHIS, TN. Financial data from the 2025 filing: $5.2M revenue, $5.4M expenses, $3.7M total assets. 33 publicly reported grants to this organization, totaling roughly $6.3M, appear in IRS filings.
OUR CENTRAL AND ONLY WORK IS TO TEACH AND INSPIRE THE MIND, BODY AND SPIRIT OF OUR CHILDREN SO THAT THEY CAN SUCCEED IN ANY ACADEMIC OR CULTURAL SETTING. PROMISE ACADEMY IS COMMITTED TO PREPARING CHILDREN TO EXCEL IN THE NATION'S MOST REGOROUS SCHOOLS.
How Promise Academy Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Showing up to 5 of 33 total records — full history available with membership.
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $5.2M | $5.4M | $3.7M |
| 2024 | $5.3M | $5.6M | $4.2M |
| 2023 | $5.3M | $5.7M | $4.5M |
| 2022 | $6.4M | $5.7M | $7.4M |
| 2021 | $5.1M | $4.5M | $3.5M |
Between 2021 and 2025, reported annual revenue held roughly steady at around $5.2M, with total assets most recently reported at $3.7M.
Interactive year-over-year charts and full filing details available with membership.
