Franklins Friends Inc

Analysis

Franklins Friends Inc is a registered charity in United States, based in Maitland, FL. It received its IRS tax-exemption ruling in August 2013, 13 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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 2022, Franklins Friends Inc reported income of $199k and spending of $96k, leaving 52% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $177k to $199k (+12%), an average of +3.9% a year. The sharpest change came in the year to December 2022, when income rose by 31%. Over the whole period it spent 78% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Franklins Friends Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 57th percentile within FL. Charities of a similar size with the same main cause include Kibblez of Love Inc ($199k), Sun Maid Kennel Club of Fresno ($199k) and Citizens for Animals ($199k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 48% of the total. At year end it held assets of $314k against liabilities of $0, net assets of $314k.