CSCharityScored
64

Promise Ministries Inc

Human Services · Waxahachie, Texas

Po Box 801, Waxahachie, TX 75168-0801

EIN: 010692980· Founded: Feb 2003· 23 years active· Filing Year: 2023

Annual Revenue

$786K

Total Expenses

$762K

Total Assets

$962K

Program Spending

69%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$119K

15.6% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$393K

Total Payroll

$511K

67% of total expenses

Where the Money Goes

69%
Programs: 69%
Payroll: 67%
Other overhead: 31%
Program Revenue$527K (67%)
Total Expenses$762K (97%)
Payroll$511K (67%)
Overhead (non-program)31%

Trust Score Breakdown

Program Spending Ratio

69% of expenses go to programs

40%

Revenue & Stability

$786K annual revenue

15%

Executive Compensation

$119K total officer comp (15.6% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$962K in assets

10%

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