Public Charity

Birmingham Promise Inc

Birmingham Promise Inc is a Public Charity headquartered in Birmingham, AL. Financial data from the 2024 filing: $15.6M revenue, $7.2M expenses, $23.6M total assets. 10 publicly reported grants to this organization, totaling roughly $1.7M, appear in IRS filings.

EIN: 842830568 Birmingham, AL Scholarships & Student Financial Aid NTEE: B82 Latest filing: 2024
Total Revenue$15.6M
Total Expenses$7.2M
Total Assets$23.6M
Grant Records10
Funding Total$1.7M
Filing Years2019–2024

Mission

Birmingham Promise supports and prepares every Birmingham City School student in achieving economic security, mobility, and prosperity by providing connections to high-quality work experiences and last-dollar tuition scholarships

Where $100 goes at Birmingham Promise Inc

How Birmingham Promise Inc divides every $100 it spends, from its own Form 990 filings, averaged across 4 years.

$77 Programs the work itself
$22 Management running the organization
$1 Fundraising raising the next dollar

Inside the $77 for programs

$77
Birmingham Promise works to ensure that all of Birmingham's future talent is provided opportunity through last-dollar scholarships and workforce connections
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

$211,000
2024
OPERATIONS
$112,500
2024
GENERAL SUPPORT; DAF FUNDED
$67,625
2024
ASPEN FORUM FOR COMMUNITY SOLUTIONS
$50,000
2023
SUPPORT GRANTEE'S PARTICIPATION IN THE PARTNERSHIP TO ADVANCE YOUTH APPRENTICESHIP (PAYA) INITIATIVE
$150,000

Showing up to 5 of 10 total records — full history available with membership.

Officers & Directors

Director Cathy Sloss Jones
Board Chairman Danny Mckinney
Director Dr Mark Sullivan
Treasurer Josh Carpenter
Director Khadijah Abdullah
Director Larry Thornton Sr

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$1,265,125 5 grants
Education
$272,000 3 grants
Youth Development
$160,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $15.6M $7.2M $23.6M
2023 $8.0M $7.1M $12.7M
2022 $6.4M $4.8M $11.9M
2019 $2.3M $48K $2.3M

Between 2019 and 2024, reported annual revenue grew from $2.3M to $15.6M (+585%), with total assets most recently reported at $23.6M.

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

See the full picture for Birmingham Promise Inc

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