Franklin Downtown Partnership Inc

Analysis

Franklin Downtown Partnership Inc is a registered charity in United States, based in Franklin, MA. It received its IRS tax-exemption ruling in September 2004, 22 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Franklin Downtown Partnership Inc reported income of $90k and spending of $83k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $88k to $90k (+2.0%), an average of +2.0% a year. Over the whole period it spent 95% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Franklin Downtown Partnership Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 42nd percentile within MA. Charities of a similar size with the same main cause include Junior League of Portland Oregon Inc ($90k), Stronger Than Espresso Inc ($90k) and John a Peterson Charitable Trust ($90k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 3.3% of the total. At year end it held assets of $51k against liabilities of $0, net assets of $51k.