John Franklin Scholarship Association Inc

Analysis

John Franklin Scholarship Association Inc is a registered charity in United States, based in Kingsville, TX. It received its IRS tax-exemption ruling in July 2019, 7 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, John Franklin Scholarship Association Inc reported income of $105k and spending of $88k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $90k to $105k (+17%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 17%. 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, John Franklin Scholarship Association Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 41st percentile within TX. Charities of a similar size with the same main cause include Mark Morris High School Foundation ($105k), Russell Dougherty Parent Teacher Organization ($105k) and Hardy Middle School Parent Teacher Organization ($105k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 47% of the total. At year end it held assets of $261k against liabilities of $121k, net assets of $140k.