Frankfort Township Charities

Analysis

Frankfort Township Charities is a registered charity in United States, based in Frankfort, IL. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Frankfort Township Charities reported income of $1.7m and spending of $1.7m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.7m (+44%), an average of +9.6% a year. The sharpest change came in the year to December 2022, when income rose by 26%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Frankfort Township Charities sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within IL. Charities of a similar size with the same main cause include Bottomless Closet ($1.7m), Purposely Chosen ($1.7m) and Childrens Home Association of Illinois ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $30k against liabilities of $7,660, net assets of $22k.