Charity Search / PENCILS OF PROMISE INCORPORATED
International Affairs (Q30) IRS Verified DX Registered 990 on File

PENCILS OF PROMISE INCORPORATED

EIN: 26-3618722 · NEW YORK, NY 10010-3452 · United States · FY 2024 Data
3 out of 5 47 / 100 Based on 2+ years of filings
Financial strength (30%) 56/100
Reliability (20%) 50/100
Effectiveness (25%) 81/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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CharityAI™ Score
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Mission Statement

Pencils of Promise believes every child should have access to quality education. They create schools, programs, and global communities around the common goal of education for all.[3] Pencils of Promise focuses on building strong structures and sustainable education programs by forming long-lasting, collaborative relationships with communities. Sites are picked taking into need, sustainability, cost efficiency, impact and commitment. The facilities are built with local labor and material. The charity also supports projects through ongoing education programs, curriculum, scholarships, and sister programs. Local staff are provided with professional development training to grow as professionals and take on leadership and mentor-ship roles. A majority of staff members are females and from the minorities.

Financial Overview — FY 2024
$2.8M
Total Revenue
$3.9M
Total Expenses
$642K
Net Assets
8
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 87.5%
Fundraising Efficiency 146.9%
Operating Reserve 1.95x
Liability-to-Asset 47.6%
Revenue Diversification 100.0%
Executive Compensation $476K
Compared with Peers
FY 2024
Compared with 1,110 similar organizations (United States, International Affairs, $1M–$10M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
87.5% 85.1%
P10P90
Above median
Admin expense ratio
Management and general / total expenses · lower is better
3.9% 9.1%
P10P90
Top quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
8.6% 3.0%
P10P90
Bottom quarter
Fundraising efficiency
Fundraising expenses / gross fundraising income · lower is better
146.9% 183.3%
P10P90
Above median
Operating reserve
Months of expenses covered by net assets · higher is better
2.0 mo 8.4 mo
P10P90
Bottom quarter
Liabilities to assets
Total liabilities / total assets · lower is better
47.6% 5.8%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
100.0% 96.6%
P10P90
Bottom quarter
Revenue growth
Year over year revenue growth
-19.1% 6.5%
P10P90
Expense growth
Year over year expense growth
1.5% 8.2%
P10P90
Surplus margin
Surplus as a share of revenue
-40.5% 0.8%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $2.8M $3.9M $642K 87.5% 8
2023 $3.5M $3.9M $1.8M 82.1% 15
2022 $5.4M $5.8M $2.2M 82.3% 18
2021 $5.0M $6.8M N/A 28
2020 $5.4M $5.4M N/A 21
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Organization Details
EIN
26-3618722
State
NY
City
NEW YORK
ZIP
10010-3452
Classification
Q30
Category
International Affairs
Rating
3★
Coverage
A
Last Updated
Aug 2026
Foundation Code
16
Form 990
On File
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