Franklin S Allen Trust

Analysis

Franklin S Allen Trust is a registered charity in United States, based in Overland Park, KS. It received its IRS tax-exemption ruling in August 2007, 19 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Franklin S Allen Trust reported income of $164k and spending of $214k, spending 131% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $70k to $164k (+133%), an average of +24% a year. The sharpest change came in the year to December 2021, when income rose by 27198%. Over the whole period it spent 183% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Franklin S Allen Trust sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 48th percentile within KS. Charities of a similar size with the same main cause include Finemind ($163k), Bella Terra Stables ($164k) and Polar Bear Run-Walk for Autism Inc ($163k).

Compensation of current officers, directors and key employees was $11k (5.1% of expenses). At year end it held assets of $2.0m against liabilities of $0, net assets of $2.0m.