Franciscan Center for Urban Ministry Inc

Analysis

Franciscan Center for Urban Ministry Inc is a registered charity in United States, based in Hartford, CT. It received its IRS tax-exemption ruling in May 1999, 27 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Franciscan Center for Urban Ministry Inc reported income of $183k and spending of $143k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $271k to $183k (-32%), an average of -9.3% a year. The sharpest change came in the year to December 2023, when income dropped by 31%. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Franciscan Center for Urban Ministry Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within CT. Charities of a similar size with the same main cause include Better Together Communities Inc ($183k), Ahlul Bayt Islamic Center of Tampa Inc ($183k) and Yesodei Hadas Inc ($183k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 30% of the total. At year end it held assets of $463k against liabilities of $0, net assets of $463k.