Benjamin Franklin Society Library Inc
Analysis
Benjamin Franklin Society Library Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in November 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Benjamin Franklin Society Library Inc reported income of $189k and spending of $48k, leaving 75% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $172k to $189k (+9.9%), an average of +9.9% a year. Over the whole period it spent 62% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Benjamin Franklin Society Library Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 56th percentile within FL. Charities of a similar size with the same main cause include Arbor Creek Montessori Academy Inc ($189k), Ashley Eagles Athletic Boosters Club ($189k) and Kingdom Truth University ($189k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $203k against liabilities of $11k, net assets of $192k.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Arbor Creek Montessori Academy Inc | Dallas | $189k |
| Ashley Eagles Athletic Boosters Club | Wilmington | $189k |
| Kingdom Truth University | Jacksonville | $189k |
| Laws 2 Live by International Inc | Plant City | $189k |