Promise Cares

Human Services · Memphis, Tennessee

3430 Overton Crossing St, Memphis, TN 38127-5748

EIN: 452771034· Founded: Dec 2014· 12 years active· Filing Year: 2023

Annual Revenue

$508K

Total Expenses

$623K

Total Assets

$258K

Program Spending

82%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$195K

31.3% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$284K

Total Payroll

$479K

77% of total expenses

Where the Money Goes

82%

Programs: 82%

Payroll: 77%

Other overhead: 19%

Program Revenue$508K (100%)

Total Expenses$623K (100%)

Payroll$479K (77%)

Overhead (non-program)19%

Trust Score Breakdown

Program Spending Ratio

82% of expenses go to programs

40%

Revenue & Stability

$508K annual revenue

15%

Executive Compensation

$195K total officer comp (31.3% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$258K in assets

10%

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Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.