Franklin Primary Health Center Inc

Analysis

Franklin Primary Health Center Inc is a registered charity in United States, based in Mobile, AL. It received its IRS tax-exemption ruling in August 1975, 51 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Franklin Primary Health Center Inc reported income of $43.4m and spending of $37.9m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $27.7m to $43.4m (+57%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 21%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Franklin Primary Health Center Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within AL. Charities of a similar size with the same main cause include Peoples Community Clinic ($43.2m), Hopedale Medical Foundation ($43.4m) and Jefferson Health Corporation ($43.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 48% of the total. Compensation of current officers, directors and key employees was $1.3m (3.5% of expenses). Other salaries and wages came to $16.8m. At year end it held assets of $28.6m against liabilities of $5.4m, net assets of $23.2m. It reported 272 employees.