Frankfort Community Care Home Inc

Analysis

Frankfort Community Care Home Inc is a registered charity in United States, based in Frankfort, KS. It received its IRS tax-exemption ruling in October 1972, 54 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Frankfort Community Care Home Inc reported income of $3.1m and spending of $3.3m, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.6m to $3.1m (+21%), an average of +4.9% a year. The sharpest change came in the year to December 2021, when income dropped by 16%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Frankfort Community Care Home Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within KS. Charities of a similar size with the same main cause include Mesilla Valley Christian Schools Inc ($3.1m), Aci Foundation ($3.1m) and Konos Connection ($3.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.2% and program service revenue 96% of the total. Other salaries and wages came to $1.4m. At year end it held assets of $939k against liabilities of $984k, net assets of -$44k. It reported 78 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.