Franklin Owid Birmingham Trust 1

Analysis

Franklin Owid Birmingham Trust 1 is a registered charity in United States, based in Wylie, TX. It received its IRS tax-exemption ruling in December 1987, 39 years ago. 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 Owid Birmingham Trust 1 reported income of $647k and spending of $861k, spending 133% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $755k to $647k (-14%), an average of -3.8% a year. The sharpest change came in the year to December 2022, when income rose by 138%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Franklin Owid Birmingham Trust 1 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 74th percentile, and in the 78th percentile within TX. Charities of a similar size with the same main cause include Camp Washington Urban Revitalization Corporation -Cwurc- ($647k), Bridge Community Inc 03-01-96 ($647k) and Apostles of the Sacred Heart Clelian Center Inc ($647k).

Compensation of current officers, directors and key employees was $156k (18% of expenses). At year end it held assets of $17.2m against liabilities of $1.0m, net assets of $16.2m. It reported 1 employees.