Charity Search / FAMILY PROMISE ROCHESTER
Human Services (P28) IRS Verified DX Registered 990 on File

FAMILY PROMISE ROCHESTER

EIN: 41-1953191 · ROCHESTER, MN 55904-5120 · United States · FY 2024 Data
3 out of 5 59 / 100 Based on 2+ years of filings
Financial strength (30%) 91/100
Reliability (20%) 55/100
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

Family Promise Rochester was launched in 1999 as Interfaith Hospitality Network of Greater Rochester after a group of caring individuals saw the need to provide shelter, meals and comprehensive assistance to homeless families in the Rochester area. The nonprofit opened its doors to guests in March of 2001 and relocated to its current location in January of 2003. Family Promise Rochester is a 501(c)3 non-profit, is managed by an executive director, and governed by a local board of directors.

Financial Overview — FY 2024
$848K
Total Revenue
$485K
Total Expenses
$951K
Net Assets
5
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 77.6%
Fundraising Efficiency 23.3%
Operating Reserve 23.56x
Liability-to-Asset 20.7%
Revenue Diversification 95.2%
Executive Compensation $76K
Compared with Peers
FY 2024
Compared with 15,047 similar organizations (United States, Human Services, $100K–$1M 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
77.6% 86.3%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
20.8% 10.4%
P10P90
Bottom quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
1.6% 0.0%
P10P90
Below median
Fundraising efficiency
Fundraising expenses / gross fundraising income · lower is better
23.3% 15.8%
P10P90
Below median
Operating reserve
Months of expenses covered by net assets · higher is better
23.6 mo 8.4 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
20.7% 1.6%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
95.2% 96.4%
P10P90
Above median
Revenue growth
Year over year revenue growth
92.9% 7.0%
P10P90
Expense growth
Year over year expense growth
69.9% 8.3%
P10P90
Surplus margin
Surplus as a share of revenue
42.8% 2.1%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $848K $485K $951K 77.6% 5
2023 $439K $285K $585K 72.2% 5
2022 $215K $244K $428K 77.5% 4
2021 $193K $253K N/A 6
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Organization Details
EIN
41-1953191
State
MN
City
ROCHESTER
ZIP
55904-5120
Classification
P28
Category
Human Services
Rating
3★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
2001
Foundation Code
15
Form 990
On File
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