Franklinton Board of Trade Inc

Analysis

Franklinton Board of Trade Inc is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in February 2002, 24 years ago. Its declared purposes cover human services, 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, Franklinton Board of Trade Inc reported income of $654k and spending of $595k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $178k to $654k (+267%), an average of +38% a year. The sharpest change came in the year to December 2023, when income rose by 107%. 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, Franklinton Board of Trade Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within OH. Charities of a similar size with the same main cause include Legacy Mission Village ($654k), Guardian Center Inc ($654k) and California Association of Area Agencies on Aging ($653k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $89k (15% of expenses). Other salaries and wages came to $105k. At year end it held assets of $173k against liabilities of $53, net assets of $173k. It reported 6 employees.