Overview

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Est.

1984

Fiscal Year Start

Sep 1

Organization Type

Grantseeker

AI Summary

PROMISE HOUSE INC is a nonprofit organization dedicated to supporting homeless, runaway, and at-risk teens through individualized support, crisis intervention, emergency shelter, and long-term housing. With an operating budget of $5.9 million and total revenue of $4.9 million in 2022, the organization relies on diverse funding sources, with no single funder contributing 50% or more of its revenue. For more information, visit their website at www.promisehouse.org.

Mission Statement

PROMISE HOUSE EMBRACES HOMELESS, RUNAWAY & AT-RISK TEENS, GIVING THEM INDIVIDUALIZED SUPPORT, SKILLS, ENCOURAGEMENT AND HOPE TO LIVE A BETTER LIFE. WE ACCOMPLISH THIS THROUGH CRISIS INTERVENTION, EMERGENCY SHELTER AND LONG-TERM HOUSING, CASE MANAGEMENT, COUNSELING SERVICES,
Revenues
$4.9M
Expenses
$5.9M
Net Income:
-$1.1M
Assets
$2M
Liabilities
$1.6M
Net Assets:
+$467K
Operating Budget
$5.9M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
4
Median grant size
$10.2K
Largest grant received
$28K
C
Catherine Yates
Board Member
T
Trevor Dowd
Board Member
E
Errika Flood-Moltrie
Board Member

Frequently Asked Questions

What is PROMISE HOUSE INC’s budget?
In 2022, PROMISE HOUSE INC reported an annual operating budget of around $5.9 million. More detailed financial information is available to registered users.
What causes does PROMISE HOUSE INC support?
PROMISE HOUSE INC supports work in Supportive housing and Homeless shelters.
Where does PROMISE HOUSE INC operate?
PROMISE HOUSE INC is headquartered in Dallas, TX.
Who funded PROMISE HOUSE INC recently?
In 2024, PROMISE HOUSE INC received grants from LIBERTY MUTUAL FOUNDATION INC, COMMUNITIES FOUNDATION OF TEXAS INC, and TULSA COMMUNITY FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant PROMISE HOUSE INC received in 2024?
The largest grant to PROMISE HOUSE INC in 2024 exceeds $28 thousand.
What is PROMISE HOUSE INC’s reliance on government grants?
PROMISE HOUSE INC relied on government grants for more than 60% of their total revenue in 2022.