Franciscan Family Apostolate Inc

Analysis

Franciscan Family Apostolate Inc is a registered charity in United States, based in Madison, CT. It received its IRS tax-exemption ruling in March 1987, 39 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 Family Apostolate Inc reported income of $376k and spending of $376k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $494k to $376k (-24%), an average of -6.6% a year. The sharpest change came in the year to December 2022, when income dropped by 19%. Over the whole period it spent 102% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Franciscan Family Apostolate Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 63rd percentile within CT. Charities of a similar size with the same main cause include Thirst Relief International Inc ($376k), Christians for Peace in El Salvador ($377k) and Friendship with Cambodia ($375k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $35k (9.3% of expenses). At year end it held assets of $392k against liabilities of $2,124, net assets of $390k. It reported 1 employees.