Franklin Foundation of Sunbury Park Inc

Analysis

Franklin Foundation of Sunbury Park Inc is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in February 1998, 28 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Franklin Foundation of Sunbury Park Inc reported income of $177k and spending of $237k, spending 134% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $164k to $177k (+7.8%), an average of +1.9% a year. Over the whole period it spent 124% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Franklin Foundation of Sunbury Park Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 51st percentile within OH. Charities of a similar size with the same main cause include Network Housing 91 Inc ($176k), Taos Coalition to End Homelessnessinc ($177k) and Norway Area Non-Profit Housing Corporation ($176k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 58% of the total. At year end it held assets of $694k against liabilities of $36k, net assets of $659k.

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.