Franklin Childrens School Inc

Analysis

Franklin Childrens School Inc is a registered charity in United States, based in Franklin, MA. It received its IRS tax-exemption ruling in January 1978, 48 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Franklin Childrens School Inc reported income of $450k and spending of $432k, spending 96% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $369k to $450k (+22%), an average of +6.8% a year. The sharpest change came in the year to June 2022, when income rose by 35%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Franklin Childrens School Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within MA. Charities of a similar size with the same main cause include Hales Franciscan High School ($450k), Beverly Montessori School ($450k) and Bernard M Baruch College Auxiliary Enterprises Corporation ($450k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 18% and program service revenue 82% of the total. Other salaries and wages came to $274k. At year end it held assets of $588k against liabilities of $116k, net assets of $472k. It reported 15 employees.