Franklin Parish Council on the Aging Inc

Analysis

Franklin Parish Council on the Aging Inc is a registered charity in United States, based in Winnsboro, LA. It received its IRS tax-exemption ruling in March 1992, 34 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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 June 2023, Franklin Parish Council on the Aging Inc reported income of $513k and spending of $588k, spending 115% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $458k to $513k (+12%), an average of +3.8% a year. Over the whole period it spent 109% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Franklin Parish Council on the Aging Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 69th percentile within LA. Charities of a similar size with the same main cause include Lead Coalition of Bay County ($513k), Witness Institute Inc ($513k) and Positive Results Center ($512k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $65k (11% of expenses). Other salaries and wages came to $262k. At year end it held assets of $460k against liabilities of $10k, net assets of $450k. It reported 16 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.