Franklin Center of Beaver County Inc

Analysis

Franklin Center of Beaver County Inc is a registered charity in United States, based in Aliquippa, PA. It received its IRS tax-exemption ruling in May 1985, 41 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 Center of Beaver County Inc reported income of $668k and spending of $584k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $571k to $668k (+17%), an average of +4.0% a year. The sharpest change came in the year to December 2021, when income rose by 71%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Franklin Center of Beaver County Inc sits at the 73rd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within PA. Charities of a similar size with the same main cause include Path Workers Compensation Trust ($668k), National Japanese American Historical Society Inc ($668k) and Independence Resource Center Inc ($668k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $90k (15% of expenses). Other salaries and wages came to $166k. At year end it held assets of $173k against liabilities of $170k, net assets of $2,739. It reported 21 employees.