New Franklin Community Association Inc

Analysis

New Franklin Community Association Inc is a registered charity in United States, based in Chambersburg, PA. It received its IRS tax-exemption ruling in April 2006, 20 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, New Franklin Community Association Inc reported income of $108k and spending of $162k, spending 150% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $34k to $108k (+220%), an average of +34% a year. The sharpest change came in the year to December 2021, when income rose by 156%. Over the whole period it spent 150% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, New Franklin Community Association Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within PA. Charities of a similar size with the same main cause include Next Level Field Hockey Club ($108k), Wavetrain Kayak Team Inc ($108k) and Anderson S 209 BMX Race Team Inc ($108k).

At year end it held assets of $27k against liabilities of $0, net assets of $27k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.