Franklin Pierce Foundation

Analysis

Franklin Pierce Foundation is a registered charity in United States, based in Tacoma, WA. It received its IRS tax-exemption ruling in March 1974, 52 years ago. 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 Pierce Foundation reported income of $168k and spending of $63k, leaving 62% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $96k to $168k (+75%), an average of +75% a year. The sharpest change came in the year to December 2023, when income rose by 75%. Over the whole period it spent 61% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Franklin Pierce Foundation sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 46th percentile within WA. Charities of a similar size with the same main cause include The Shelby County Historical Society ($168k), Milwaukee Area Bricklayers ($168k) and PTA Colorado Congress ($168k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% of the total. At year end it held assets of $624k against liabilities of $0, net assets of $624k.