Francis House Inc
Analysis
Francis House Inc is a registered charity in United States, based in Galesburg, IL. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a suspense under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending March 2023, Francis House Inc reported income of $26.0m and spending of $18.6m, leaving 28% of income unspent that year. Across the 4 years on record, from March 2020 to March 2023, income grew from $22.3m to $26.0m (+17%), an average of +5.3% a year. The sharpest change came in the year to March 2022, when income rose by 36%. Over the whole period it spent 68% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Francis House Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within IL. Charities of a similar size with the same main cause include Arizonas Children Association ($26.0m), Pace of Southwest Michigan Inc ($26.0m) and Archway Programs Inc ($26.0m).
On its Form 990 for the period ending March 2023, revenue came from contributions and grants 0.7% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $18k (0.1% of expenses). Other salaries and wages came to $7.7m. At year end it held assets of $147.3m against liabilities of $24.1m, net assets of $123.3m. It reported 433 employees.
Income and spending
Where the income comes from
- Contributions & grants 0.7%
- Program services 80%
- Other 19%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Arizonas Children Association | Phoenix | $26.0m |
| Pace of Southwest Michigan Inc | St Joseph | $26.0m |
| Archway Programs Inc | Atco | $26.0m |
| Oklahoma State Fair Inc | Oklahoma City | $26.0m |