Franklin Area Community Services Inc

Analysis

Franklin Area Community Services Inc is a registered charity in United States, based in Franklin, OH. It received its IRS tax-exemption ruling in January 1979, 47 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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 Area Community Services Inc reported income of $511k and spending of $517k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $426k to $511k (+20%), an average of +4.6% a year. The sharpest change came in the year to December 2020, when income rose by 39%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Franklin Area Community Services 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 71st percentile, and in the 71st percentile within OH. Charities of a similar size with the same main cause include Neighbors Helping Neighbors on the Main Line ($511k), Honor Flight of the Quad Cities Inc ($511k) and Alternative Pathways ($511k).

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 $44k (8.6% of expenses). Other salaries and wages came to $16k. At year end it held assets of $640k against liabilities of $1,746, net assets of $638k. It reported 3 employees.