Franklin-Simpson Educational Coalition Inc

Analysis

Franklin-Simpson Educational Coalition Inc is a registered charity in United States, based in Franklin, KY. It received its IRS tax-exemption ruling in July 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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-Simpson Educational Coalition Inc reported income of $160k and spending of $142k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $134k to $160k (+19%), an average of +4.5% a year. The sharpest change came in the year to December 2023, when income rose by 46%. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Franklin-Simpson Educational Coalition Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 48th percentile within KY. Charities of a similar size with the same main cause include Literacy Volunteers of Schoharie County Inc ($160k), Dial Your Village Inc ($160k) and LA Beca Womens Scholarship Foundation ($160k).

Other salaries and wages came to $12k. At year end it held assets of $326k against liabilities of $0, net assets of $326k.