Franklin Educational Foundation Inc

Analysis

Franklin Educational Foundation Inc is a registered charity in United States, based in Franklin, WI. It received its IRS tax-exemption ruling in January 1997, 29 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2024, Franklin Educational Foundation Inc reported income of $108k and spending of $88k, spending 82% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $87k to $108k (+24%), an average of +24% a year. The sharpest change came in the year to June 2024, when income rose by 24%. Over the whole period it spent 99% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Franklin Educational Foundation Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within WI. Charities of a similar size with the same main cause include Harney County Library Foundation ($108k), Philanthropy Inspired by the Needs of Our Community Inc ($108k) and Cheer for Life Foundation Inc ($108k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 13% of the total. At year end it held assets of $94k against liabilities of $0, net assets of $94k.