Franklin Covey Care Fund

Analysis

Franklin Covey Care Fund is a registered charity in United States, based in Draper, UT. It received its IRS tax-exemption ruling in April 2006, 20 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Covey Care Fund reported income of $60k and spending of $9,157, leaving 85% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $64k to $60k (-6.2%), an average of -6.2% a year. Over the whole period it spent 55% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Franklin Covey Care Fund sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 22nd percentile within UT. Charities of a similar size with the same main cause include Dawn of Hope ($60k), 100 Black Men of Long Beach Inc ($60k) and Prince Georges Senior Provider Network ($60k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $538k against liabilities of $0, net assets of $538k.