Housing & Shelter (L410) IRS Verified DX Registered 990 on File

PROMISE HOUSE INC

EIN: 75-2180083 · DALLAS, TX 75208-6631 · United States · FY 2022 Data

3 out of 5 45 / 100 Based on 2+ years of filings

Financial strength (30%) 49/100

Reliability (20%) 55/100

Effectiveness (25%) 78/100

Impact (25%) No data yet

Financial data: FY 2022 · Scored 9/13/2026

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CharityAI™ Score

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Mission Statement

Promise House embraces homeless, runaway and at-risk youth, giving them needed support, encouragement and hope to live a better life. Our programs cover the vital needs of youth, including emergency shelter, transitional living, pregnant and parenting teen services, individual, group and family counseling, street outreach and educational intervention. Promise House is dedicated to providing the strength, stability and hope that youth need today to fulfill their promise for a healthy, productive and self-sufficient tomorrow. Since 1984, Promise House has had an open door 24 hours a day, 365 days a year to children, teens and families in crisis serving over 70,000 youth and families in North Texas.

Financial Overview — FY 2022

$4.9M

Total Revenue

$5.9M

Total Expenses

$467K

Net Assets

Employees

Revenue Sources

Expense Breakdown

Program Expense Ratio 66.6%

Fundraising Efficiency N/A

Operating Reserve 0.94x

Liability-to-Asset 76.9%

Revenue Diversification 99.4%

Executive Compensation $431K

Compared with Peers

FY 2022

Compared with 3,040 similar organizations (United States, Housing & Shelter, $1M–$10M in expenses), FY 2022.

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	66.6%	86.9%	P10P90	Bottom quarter
Admin expense ratio Management and general / total expenses · lower is better	23.8%	10.7%	P10P90	Bottom quarter
Fundraising expense ratio Fundraising expenses / total expenses · lower is better	9.6%	0.0%	P10P90	Bottom quarter
Operating reserve Months of expenses covered by net assets · higher is better	0.9 mo	12.6 mo	P10P90	Bottom quarter
Liabilities to assets Total liabilities / total assets · lower is better	76.9%	39.6%	P10P90	Below median
Revenue concentration Share of revenue from the largest source · lower is better	99.4%	91.0%	P10P90	Bottom quarter
Revenue growth Year over year revenue growth	-20.7%	3.7%	P10P90
Expense growth Year over year expense growth	-12.8%	8.8%	P10P90
Surplus margin Surplus as a share of revenue	-22.6%	2.7%	P10P90

Financial History

Year	Revenue	Expenses	Net Assets	Program %	Staff
2022	$4.9M	$5.9M	$467K	66.6%	95
2021	$6.1M	$6.8M	$1.6M	69.4%	159

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Organization Details

EIN: 75-2180083
State: TX
City: DALLAS
ZIP: 75208-6631
Classification: L410
Category: Housing & Shelter
Rating: 3★
Coverage: A
Last Updated: Aug 2026
IRS Ruling Year: 1984
Foundation Code: 15
Form 990: On File

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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

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A pillar with no data counts as zero. Without impact metrics the score is capped at 59 (three stars): only the charity can supply that data.
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"Compared with peers" places the charity's key ratios against organizations of the same country, sector and size.

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