Franciscan Care Center

Analysis

Franciscan Care Center is a registered charity in United States, based in Toledo, OH. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Franciscan Care Center reported income of $6.9m and spending of $8.1m, spending 118% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $9.5m to $6.9m (-27%), an average of -7.7% a year. The sharpest change came in the year to June 2021, when income dropped by 20%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Franciscan Care Center sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within OH. Charities of a similar size with the same main cause include American Indian Community Center Association ($6.9m), National Young Farmers Coalition ($6.9m) and The Oasis Haven for Women & Children Inc ($6.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.9% and program service revenue 94% of the total. Other salaries and wages came to $3.3m. At year end it held assets of $10.6m against liabilities of $4.0m, net assets of $6.5m. It reported 216 employees.

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.