Family Promise-salt Lake is a 501(c)(3) organization based in Salt Lake Cty, Utah, registered in 1996, with $426,099 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$426K
▲ 17.7% vs prior year
Housing median: $408K
Expenses (FY2024)
$419K
Net assets
$1.0M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Family Promise-salt Lake— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Family Promise-salt Lake: 29 mo reserves · +2% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Family Promise-salt Lake— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Family Promise-salt Lake: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue held steady from $418K (FY2013) to $426K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
1.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.2M
Total liabilities
$178K
Net assets
$1.0M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $426,099▲17.7% | $418,934▲18.7% | $1,021,448▲0.7% | $1,199,827▼0.6% | 990 |
| 2023 | $361,894▼4.4% | $352,995▼9.5% | $1,014,283▲15.0% | $1,207,069▲12.6% | 990 |
| 2022 | $378,647▲9.9% | $389,838▲1.1% | $881,805▲10.2% | $1,071,578▲6.6% | 990 |
| 2021 | $344,662▲12.4% | $385,485▲25.7% | $799,998▲3.2% | $1,005,562▲2.3% | 990 |
| 2020 | $306,694▼26.9% | $306,715▼41.5% | $775,301 | $982,707▼12.8% | 990 |
| 2019 | $419,669▼8.7% | $524,217▲7.3% | $775,322▼13.4% | $1,127,279▼8.6% | 990 |
| 2018 | $459,448▼20.5% | $488,626▼16.0% | $895,109▼3.2% | $1,233,523▼3.6% | 990 |
| 2017 | $577,720▼11.4% | $581,582▲55.0% | $924,287▼0.4% | $1,279,410▲11.4% | 990 |
| 2016 | $651,817▲45.8% | $375,334▼1.4% | $928,149▲42.4% | $1,148,699▲28.8% | 990 |
| 2015 | $447,071▼40.2% | $380,625▼8.0% | $651,666▲11.4% | $891,511▲7.8% | 990 |
| 2014 | $747,167▲78.8% | $413,890▲0.3% | $585,220▲132% | $827,062▲63.0% | 990 |
| 2013 | $417,962 | $412,567 | $251,943 | $507,371 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
17 grants to Family Promise-salt Lake totaling $282K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Endowment Foundation | Housing, shelter | 2024 | $11,000 |
| Raymond James Charitable Endowment Fund | General support | 2024 | $7,000 |
| Winston-salem Foundation | 2 grant(s) for varying purposes | 2023 | $5,000 |
| American Endowment Foundation | General operating support | 2022 | $12,000 |
| The Community Foundation of Utah | General support | 2021 | $12,000 |
| Winston-salem Foundation | 2 grant(s) for varying purposes | 2020 | $6,250 |
| Winston-salem Foundation | 4 grant(s) for varying purposes | 2019 | $13,000 |
| Network For Good Inc | Unrestricted | 2018 | $19,013 |
| United Way Worldwide | General charibable contributions | 2018 | $6,233 |
| Network For Good Inc | Unrestricted | 2017 | $81,475 |
| National Christian Charitable Foundation | Poverty | 2017 | $13,725 |
| Network For Good Inc | Unrestricted | 2016 | $25,908 |
| Mightycause Charitable Foundation | Unrestricted | 2016 | $23,346 |
| Mightycause Charitable Foundation | Unrestricted | 2015 | $23,346 |
| Network For Good Inc | Unrestricted | 2015 | $9,708 |
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Data for Family Promise-salt Lake (EIN 87-0547916) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.