Franklin Stock Company at Chapel Hall Inc

Analysis

Franklin Stock Company at Chapel Hall Inc is a registered charity in United States, based in Franklin, NY. It received its IRS tax-exemption ruling in October 1997, 29 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 Stock Company at Chapel Hall Inc reported income of $267k and spending of $279k, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $217k to $267k (+23%), an average of +5.3% a year. The sharpest change came in the year to December 2021, when income rose by 46%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Franklin Stock Company at Chapel Hall Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within NY. Charities of a similar size with the same main cause include Gomez Foundation for Mill House ($267k), Texas Fire Museum Inc ($267k) and Somerset Access Television Inc ($267k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $50k (18% of expenses). Other salaries and wages came to $40k. At year end it held assets of $612k against liabilities of $16k, net assets of $596k. It reported 2 employees.