Frankfort Development Trust Inc

Analysis

Frankfort Development Trust Inc is a registered charity in United States, based in Leavenworth, KS. It received its IRS tax-exemption ruling in April 2015, 11 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Frankfort Development Trust Inc reported income of $86k and spending of $140k, spending 163% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $28k to $86k (+211%), an average of +211% a year. The sharpest change came in the year to December 2023, when income rose by 211%. Over the whole period it spent 133% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Frankfort Development Trust Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 31st percentile within KS. Charities of a similar size with the same main cause include Helping Our People Evolve Incorporated ($86k), The Heritage Museum of the Texas Hill Country Assn ($86k) and Desert Quilters of Nevada ($86k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $449k against liabilities of $5,100, net assets of $444k.