Public Charity

FAMILY PROMISE INC

FAMILY PROMISE INC is a Public Charity headquartered in SUMMIT, NJ. Financial data from the 2024 filing: $9.3M revenue, $7.5M expenses, $12.2M total assets. 127 publicly reported grants to this organization, totaling roughly $7.5M, appear in IRS filings.

EIN: 521591461 SUMMIT, NJ Latest filing: 2024
Total Revenue$9.3M
Total Expenses$7.5M
Total Assets$12.2M
Grant Records127
Funding Total$7.5M
Filing Years2020–2024

Mission

FAMILY PROMISE'S MISSION IS TO PREVENT AND END HOMELESSNESS FOR FAMILIES WITH CHILDREN AND HELP THEM ACHIEVE SUSTAINABLE INDEPENDENCE USING A COMMUNITY-BASED RESPONSE. FAMILY PROMISE IS THE NATIONAL LEADER OF EMERGENCY SERVICES FOR FAMILIES AT RISK OF AND EXPERIENCING HOMELESSNESS AND OFFERS A COMPREHENSIVE, INDIVIDUALIZED AND TRAUMA-INFORMED APPROACH. OFFERING PREVENTION, SHELTER, STABILIZATION AND HOUSING, EACH PROGRAM ASCRIBES TO NATIONAL BEST PRACTICES YET IS CUSTOMIZED TO THE NEEDS OF THE COMMUNITY. FAMILY PROMISE WORKS TO PREVENT HOMELESSNESS AND IS OFTEN THE ONLY SHELTER SOLUTION IN COMMUNITIES THAT WILL KEEP FAMILIES IN CRISIS TOGETHER. FAMILY PROMISE'S WRAPAROUND SERVICES HELP FAMILIES QUICKLY STABILIZE AND SECURE LONG-TERM, AFFORDABLE, SAFE HOUSING. THE NATIONAL OFFICE PROVIDES TECHNICAL ASSISTANCE AND EXPERTISE TO A NETWORK OF NEARLY 200 AFFILIATES IN OVER 40 STATES, MOBILIZING THOUSANDS OF VOLUNTEERS AND SERVING APPROX. 72,000 FAMILIES INCLUDING 110,000 CHILDREN EACH YEAR.

Officers & Directors

TRUSTEE Alex English
DIRECTOR OF CORPORATE RELATIONS Amber Young
TRUSTEE (THROUGH MID-2024) Andrew Pierce
BOARD CHAIR (THROUGH 12/2024) Betsy Bernard
CHIEF FINANCIAL OFFICER Britt Darrow
SENIOR DIRECTOR OF PROGRAM DEVELOPMENT Carolyn Gordon

Officer compensation and complete director data available with membership.

Top Grant Purposes

For grant recipient's exempt purposes
$1,585,735 9 grants
FOR RECIPIENT'S EXEMPT PURPOSE
$1,546,700 3 grants
SOCIAL SERVICES
$1,100,000 1 grant
HUMAN SERVICES
$642,198 14 grants
GENERAL SUPPORT
$517,790 17 grants

Financial Trends

Year Revenue Expenses Assets
2024 $9.3M $7.5M $12.2M
2023 $6.6M $5.8M $7.6M
2022 $6.3M $7.6M $6.3M
2021 $6.5M $6.5M $7.7M
2020 $8.0M $5.0M $7.3M

Between 2020 and 2024, reported annual revenue grew from $8.0M to $9.3M (+17%), with total assets most recently reported at $12.2M.

Interactive year-over-year charts and full filing details available with membership.

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