43
Place Of Promise Inc
Religion · Lowell, Massachusetts
203 Ludlam St, Lowell, MA 01850-1425
EIN: 043233151· Founded: Sep 1994· 32 years active· Filing Year: 2023
Annual Revenue
$495K
Total Expenses
$386K
Total Assets
$1.6M
Program Spending
16%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$15K
4.0% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$205K
Total Payroll
$220K
57% of total expenses
Where the Money Goes
16%
Programs: 16%
Payroll: 57%
Other overhead: 84%
Program Revenue$62K (13%)
Total Expenses$386K (78%)
Payroll$220K (57%)
Overhead (non-program)84%
Trust Score Breakdown
Program Spending Ratio
16% of expenses go to programs
Revenue & Stability
$495K annual revenue
Executive Compensation
$15K total officer comp (4.0% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$1.6M in assets
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.