Frenchtown Neighborhood Improvement Association Inc

Analysis

Frenchtown Neighborhood Improvement Association Inc is a registered charity in United States, based in Tallahassee, FL. It received its IRS tax-exemption ruling in March 2001, 25 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, Frenchtown Neighborhood Improvement Association Inc reported income of $741k and spending of $682k, spending 92% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $246k to $741k (+202%), an average of +44% a year. The sharpest change came in the year to December 2022, when income rose by 70%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Frenchtown Neighborhood Improvement Association Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within FL. Charities of a similar size with the same main cause include Cazenovia Public Library Society ($741k), Starthrower Group ($741k) and Navarro College Foundation Inc ($741k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $30k (4.4% of expenses). Other salaries and wages came to $129k. At year end it held assets of $520k against liabilities of $113k, net assets of $407k. It reported 6 employees.