Franciscan Outreach

Analysis

Franciscan Outreach is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in March 1946, 80 years ago. 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 Outreach reported income of $5.4m and spending of $5.0m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.5m to $5.4m (+55%), an average of +12% a year. The sharpest change came in the year to December 2020, when income rose by 42%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Franciscan Outreach 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 92nd percentile, and in the 92nd percentile within IL. Charities of a similar size with the same main cause include Justice Education Center Inc ($5.4m), Rutledge Youth Foundation Inc ($5.4m) and Family Service Association of Greater Elgin Area ($5.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $291k (5.8% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $5.0m against liabilities of $671k, net assets of $4.4m. It reported 79 employees.