Franciscan Center Inc

Analysis

Franciscan Center Inc is a registered charity in United States, based in Fort Wayne, IN. It received its IRS tax-exemption ruling in March 1992, 34 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, Franciscan Center Inc reported income of $2.4m and spending of $2.3m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $2.4m (+78%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 37%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Franciscan Center Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within IN. Charities of a similar size with the same main cause include Boyd Andrew Management Services ($2.4m), Lake Chelan Senior Housing Inc ($2.4m) and Kingdom Global Community ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $110k (4.7% of expenses). Other salaries and wages came to $856k. At year end it held assets of $1.4m against liabilities of $401k, net assets of $955k. It reported 118 employees.